Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
re: Day trading Nifty & Banknifty Futures
http://www.nseindia.com/emerge/participants/content/sme_mm_list.htm
Several others but the list seems to be very small.
Almost all FII's are market makers.
http://www.nseindia.com/emerge/participants/content/sme_mm_list.htm
Several others but the list seems to be very small.
Almost all FII's are market makers.
re: Day trading Nifty & Banknifty Futures
"DII's unfortunately are not available to counter their manipulation." can you please explain more ?
"May be manipulation in terms of sudden price hike/fall may not be possible with Index but manipulation in terms of Sideways,Break out failures,Price action failures,Pattern failures and gaps are more prevalent in the Index than the stocks."
people doing this must be very highly skilled, knowing what people want to see, luring them and then trapping them. Right now i can see
people getting trapped and trade it but planning to trap people and executing it is a totally a different level of game, hopefully we will also be able to do that one day.
"DII's unfortunately are not available to counter their manipulation." can you please explain more ?
"May be manipulation in terms of sudden price hike/fall may not be possible with Index but manipulation in terms of Sideways,Break out failures,Price action failures,Pattern failures and gaps are more prevalent in the Index than the stocks."
people doing this must be very highly skilled, knowing what people want to see, luring them and then trapping them. Right now i can see
people getting trapped and trade it but planning to trap people and executing it is a totally a different level of game, hopefully we will also be able to do that one day.
re: Day trading Nifty & Banknifty Futures
This is what I got from NSE Website Roles & Responsibilities of Market Makers.
The following are the roles, obligations and responsibilities that are required to be carried out by the Market Maker.
The Market Maker shall be required to provide a 2-way quote for 75% of the time in a day.
The minimum depth of the quote shall be Rs.1,00,000/-. However, the investors with holdings of value less than Rs 1,00,000 shall be allowed to offer their holding to the Market Maker in that scrip provided that he sells his entire holding in that scrip in one lot along with a declaration to the effect to the selling broker.
Execution of the order at the quoted price and quantity must be guaranteed by the Market Maker, for the quotes given by him.
There would not be more than five Market Makers per scrip.
The Market Maker may compete with other Market Makers for better quotes to the investors.
The Market Maker has to start providing quotes from the day of the listing / the day for the respective scrip and shall be subject to the guidelines laid down for market making by the exchange.
The Market Maker has to act in that capacity for a period of three years.
This is what I got from NSE Website Roles & Responsibilities of Market Makers.
The following are the roles, obligations and responsibilities that are required to be carried out by the Market Maker.
The Market Maker shall be required to provide a 2-way quote for 75% of the time in a day.
The minimum depth of the quote shall be Rs.1,00,000/-. However, the investors with holdings of value less than Rs 1,00,000 shall be allowed to offer their holding to the Market Maker in that scrip provided that he sells his entire holding in that scrip in one lot along with a declaration to the effect to the selling broker.
Execution of the order at the quoted price and quantity must be guaranteed by the Market Maker, for the quotes given by him.
There would not be more than five Market Makers per scrip.
The Market Maker may compete with other Market Makers for better quotes to the investors.
The Market Maker has to start providing quotes from the day of the listing / the day for the respective scrip and shall be subject to the guidelines laid down for market making by the exchange.
The Market Maker has to act in that capacity for a period of three years.
re: Day trading Nifty & Banknifty Futures
DII's are not allowed to participate in taking Index Futures and Options trade in the same way like others.They have some restrictions.
Their volume is very less.
They can hedge only their positions in the stock futures.
This is again subjected to the Mutual Funds where linking derivatives trades are an option given to the retail.
People doing this must be very highly skilled, knowing what people want to see, luring them and then trapping them.
Think from this perspective.Market makers continously place buy - sell orders.
When most of the crowd start buying at the ask - what will happen - price will raise - indicating demand.
So after some time - the market makers will have certain longs and certain shorts depending upon the buy sell orders.
So they will book profits in the long after a certain high price and initiate fresh shorts at a higher price level and bring the price to a level where can cover their shorts squeezing all the longs.
This is a continuous process and happens in all time frames from tick
DII's are not allowed to participate in taking Index Futures and Options trade in the same way like others.They have some restrictions.
Their volume is very less.
They can hedge only their positions in the stock futures.
This is again subjected to the Mutual Funds where linking derivatives trades are an option given to the retail.
People doing this must be very highly skilled, knowing what people want to see, luring them and then trapping them.
Think from this perspective.Market makers continously place buy - sell orders.
When most of the crowd start buying at the ask - what will happen - price will raise - indicating demand.
So after some time - the market makers will have certain longs and certain shorts depending upon the buy sell orders.
So they will book profits in the long after a certain high price and initiate fresh shorts at a higher price level and bring the price to a level where can cover their shorts squeezing all the longs.
This is a continuous process and happens in all time frames from tick
re: Day trading Nifty & Banknifty Futures
21/12/2013 Saturday
Hi,
Below are the forecasted sequential events in chronological order that has happened in the market.
NF did not close > 6250 as The Official Close was 6249.65
And Bulls were neither Blessed nor spared
The market behaved the way it was forecasted NF high was 6289 and then a drastic fall of over 100 points
21/12/2013 Saturday
Next Week is combination of following...
Is the below forecast possible? Do you believe it?
Believe it with a pinch of salt
Bye n Happy Week-End
21/12/2013 Saturday
Hi,
Below are the forecasted sequential events in chronological order that has happened in the market.
NF did not close > 6250 as The Official Close was 6249.65
And Bulls were neither Blessed nor spared
The market behaved the way it was forecasted NF high was 6289 and then a drastic fall of over 100 points
21/12/2013 Saturday
Next Week is combination of following...
- (Almost) Year End Week
- Dec 2013 Series Ending Week
- And is (Perhaps) The Last Time Bulls will Enjoy such a rally at such great higher levels.
Is the below forecast possible? Do you believe it?
- Bull party will last till Year 2013 End
- But
- The Bear's Party will carry on even in the New Year 2014
Believe it with a pinch of salt
Bye n Happy Week-End
re: Day trading Nifty & Banknifty Futures
A. ELIGIBILITY CRITERIA FOR MARKET MAKERS ON EMERGE
The eligibility criteria for Market Makers are listed below; these will be reviewed on an annual
basis:
1. Only trading members of Capital Market Segment of NSE will be eligible to apply for registering as market makers.
2. At the time of application and at all times while being a Market Maker, the Market Maker
should meet the minimum net worth of Rs. 1 crore (as per computation methodology stipulated
for membership of the NSE Capital Market Segment). For the purpose of this clause, the existing
networth, as specified by NSE for the Capital Market Segment will be considered.
3. Any other criteria as specified by NSE from time to time.
It is the requirement of SEBI to have Market Makers.
A. ELIGIBILITY CRITERIA FOR MARKET MAKERS ON EMERGE
The eligibility criteria for Market Makers are listed below; these will be reviewed on an annual
basis:
1. Only trading members of Capital Market Segment of NSE will be eligible to apply for registering as market makers.
2. At the time of application and at all times while being a Market Maker, the Market Maker
should meet the minimum net worth of Rs. 1 crore (as per computation methodology stipulated
for membership of the NSE Capital Market Segment). For the purpose of this clause, the existing
networth, as specified by NSE for the Capital Market Segment will be considered.
3. Any other criteria as specified by NSE from time to time.
It is the requirement of SEBI to have Market Makers.
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