Well they do both.. Im not sure they would give you the same brokerage% as me caz my dad is a sub-broker thr so i get less..
Anyways u can talk to them about all that... here is there site..
http://www.starfinvest.in/
Yeah.. But its a fun day for scalping.. Ive already taken 15 points twice from 2770-75 region.. with 3585-90 as stop..
Im hoping i dont hit stop this time.. 4th attempt to cross 3580..
Well I have given my equity stocks as margin and thus dont have big problems of margin so dont exactly know how much margin is needed...
But i think 14% of Nifty lot size is needed as margin.. So Margin should be around 25,000 per lot sold..
Well See what i am doing is.. Selling Deep Out of money options on both Sides.. and by deep i mean very deep...
Like 3900 call and 3000 Put.
This gives me a premium of atleast 70 right now (which is very high considering how out of the money the options are..) Well i dont see much risk in...
See i am dealing with a Small broking firm Start Finvest (i know them personally) in Delhi...
The brokerage he charges me is .5% of total premium amount..
Well the outcome of this strategy is that if Nifty Remains Below 3900 and above 3000 in the month of may you will earn the whole premium ie 72 points..
Below 3000 and above 3900 u will start losing one one point and thus u will be in profit btw 3972 and 2928
Below or above that close this...
Well Trading after a long time... Planning to eat some Election Premium by selling Far out of money options Above strong Supports and Resistances..
3800 Is a very strong resistance Whereas 3150-3200 is the Support Region.
Want to take minimum risk since election results are coming up on...
Is Nifty near the LOC of bear and return Bull Market ??
See the Effects of 100 SMA on Nifty whenever is touches it.. What will it do this time ?
These are two EOD trend line... Im not sure which one is right.. if any one of them is drawn correctly... But all these charts indicate Nifty...
So what all time frames come in lower according to your opinion ... ? I generally follow 5 min, 15, 30 and 60 min time frames...
I also many a times had problems when i followed 1 min for -ve divergence while paper trading ..
1nce again The Filter Worked very nicely.. as the HOD 2830.. The gap close strategy worked nicely agn(sadly didnt work last time at 2750 gap close when the stop was easily hit..) and this time we could have easily managed a gain of 40 points from it...
And thanks kammy and Sunil for the TL...
Nifty Futures has closed up its gap.. @ 2822 and thus a small stop for shorts could be 2828(close of the day + filter) or larger frame 2846(high of last 60 min bar + filter)
Kammy go to the 13th page of the Library thread.. Set ups topic wala in technical analysis thread....
http://www.traderji.com/technical-analysis/24109-set-ups-disscused-practised-nifty-futures-trading-thread-15.html
Your most welcome mate..:)
I know markets dont run on wishes and hopes.. but still i wish n hope the market goes till.. 2745 (becomes hod) (will take a short here with 53-55 as stop) (a pre-determined strategy).. and then ... hehe.
it never hurts(atleast for me) to wish and hope b4 you go...
Here you go kammy...
http://www.traderji.com/technical-analysis/24109-set-ups-disscused-practised-nifty-futures-trading-thread-13.html#post265895
Just make a lil change where i say that...
the gap is actually the difference btw the Low/high of last day's Last 60 min Candle (not the closing...
The Stop mentioned by me(2753) Was for any1 who followed my gap theory technique.. and this stop was only meant for any1 who took shorts on friday according to my gap close rule and not for positional short holders...
For larger time-frame positional Shorts i totally agree with you for the...