Day Trading Stocks & Futures

XUV-500

Well-Known Member
re: Day trading Nifty & Banknifty Futures

Last weekend while getting my hair cut,I just made back of the envelop of the profit which my barber makes ( he owns the shop and has 4 guys working under him ) . I was surprised to know that he earns Rs 30,000 pm.

ST
ST da,
30 k ? bet it will be per week NOT pm.

Average 75 rs per customer. Minm 15 cust per day per worker = 75*4*15= 4500
Even if 35% is given to workers and 15% as overheads as electricity,
So 50% of 4500=2250 pd

Here i have taken 75 per head as very conservative. In reality a basic haircut costs 100+ depending on locality.
I did not count money which owner earns by way of some specal customers whom he personally serves.
 

pratapvb

Well-Known Member
re: Day trading Nifty & Banknifty Futures

that delay is tolerable + data is reliable do u know ne better source? :D
atleast i dont know other source for india vix :eek:
my RT data gives but not sure whether I am allowed to name it here
 

pratapvb

Well-Known Member
re: Day trading Nifty & Banknifty Futures

NF does not appear as weak...but could go to 2dayvwap (6362) or -1SD2day (6310)

6317 LOD but could not get out of my bought Puts :(
 

pratapvb

Well-Known Member
re: Day trading Nifty & Banknifty Futures

heading for 2dayvwap 11993 in bnf and 6365 in NF currently
 

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