Day Trading Futures

[Smart_trade]

Many may find following exchange of pms useful :

http://www.traderji.com/day-trading/72827-thoughts-day-swing-trading-part-2-a-60.html#post998318

Smart_trade

 

[sudoku1]

Gold prices in India are decided on international price of gold and exchange rate,import duty etc. Gold price also depends on supply and demand. With the fall in gold prices, the gold price goes near its production cost thus forcing gold mines to mine less of gold as the activity is not remunerative, this reduces supply. Near festive season the demand from India goes up...so do the prices.

Geopolitical tensions in the world also increases price of gold as gold is still considered as safe heaven of investment in turbulent times.

Smart_trade

Gold, on the contrary, though of little use compared wiD air or water, wil exchange for a great quantity of other goods.

 

[jamit_05]

Gold, on the contrary, though of little use compared wiD air or water, wil exchange for a great quantity of other goods.

The era of fresh water scarcity maybe distant, but inevitable. Water too will be traded in derivatives and sold in drums.

 

[RAAMAKANT]

Looks like 50 point movement at max...

Very good show by FII on options!
This time they have tighten all ropes properly,
Below and above 7950 all options are on deathbed, waiting for Yamraj.....

 

[sudoku1]

Looks like 50 point movement at max...

Very good show by FII on options!
This time they have tighten all ropes properly,
Below and above 7950 all options are on deathbed, waiting for Yamraj.....

traders r only as loyal as their options.

 

[timepass]

8000PE is at par already. Maybe the traders don't see much upside in it.

 

[kiran_thiru]

8000PE is at par already. Maybe the traders don't see much upside in it.

7900pe too. that means nifty stays above 7900?

 

[timepass]

7900pe too. that means nifty stays above 7900?

no no.. 7900PE is out of money. Compare it with 7900CE which has 2-3 Rs. premium. So maybe the traders see a buy in 7900CE and a sell in 8000 PE. At this time it seems like expiry above 7950. I have kept 7950CE for buy at 6.25Rs. Expiry day lottery

 

[LivetoTrade]

no no.. 7900PE is out of money. Compare it with 7900CE which has 2-3 Rs. premium. So maybe the traders see a buy in 7900CE and a sell in 8000 PE. At this time it seems like expiry above 7950. I have kept 7950CE for buy at 6.25Rs. Expiry day lottery

Why not at 9 or 9.05 ?

 

[lemondew]

folks how about nifty intraday trading the trend after 3:00 pm today evening assuming it isnt 7900 or 8000 till then. If it starts moving in one direction then I guess it will end at either 7900 or 8000. Just my guess....