Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
re: Day trading Nifty & Banknifty Futures
Though missed 7700+ by few points, but straight one way rise brought NF very close it.
Exited all Call positions with BIG SMILE................ :clap: :clap: :clap:
Yes.
After 4 days continous sell off, today price rejected to fall much lower levels and holded.
Price also formed PINBAR setup in Nifty and Banknifty chart at EOD so maybe from 2morrow change of direction.
Let's see which side FIREWORKS and Which side FIREBURNS... :lol:
After 4 days continous sell off, today price rejected to fall much lower levels and holded.
Price also formed PINBAR setup in Nifty and Banknifty chart at EOD so maybe from 2morrow change of direction.
Let's see which side FIREWORKS and Which side FIREBURNS... :lol:
Holding or Exited ?
Chances of Gap-up opening tomorrow,
Will check in evening, but seeing levels above 7700 on cards....
Chances of Gap-up opening tomorrow,
Will check in evening, but seeing levels above 7700 on cards....
Though missed 7700+ by few points, but straight one way rise brought NF very close it.
Exited all Call positions with BIG SMILE................ :clap: :clap: :clap:
re: Day trading Nifty & Banknifty Futures
Hi Humble
Just some short answers to some short questions. All of your three questions are answered in this or that way in the following post. It is an over view of a whole way of trading and not an answer which goes into any detail of how I trade. And many of us have different ways, ideas and learning curves behind us which did lead to different ways of trading. But this you clearly mentioned in point three in your post. So this is what I do. Like Franky boy told: My way
I have no idea what your system is or what your strategy you trade is. The variations here are endless. I prefer to see the/any market moves in either direction at least a certain amount of points before I even think to act on the entry side, short side, long side or on the exit side. This amount of points is different from market to market and can be defined individually according the the current volatility in any specific market. Now if the market made this range, then and only then I will decide if I do act in any way. How this is done? That would need to explain a whole way of trading. But in short: The core of the whole system are synthetic option strategies. If market is at entry and exit levels, then they are spotted through price action and if this is still not clear, then three indicators are used as a last help to confirm the next step. If I take a position, this position is managed and spotted the whole day by following the so called: Snake. A snake which every market has. Over night I hedge this positions in this or that way and the next day I move on with that trade. That is my way of doing it now. This way has started at the begin of my trading on a completely other point and this was by doing only swing and positional trades. With the time the whole way of trading has changed to what it is today, even the strategies are more or less the same like at the begin. Your question are very much pointed in the direction of a pure future trader. My kind of trading includes options and futures and so I have far more possibilities to manage a trade and not depend on single trailing stop losses or fixed targets. Take care and have a nice weekend / Dan
Hi Humble
Just some short answers to some short questions. All of your three questions are answered in this or that way in the following post. It is an over view of a whole way of trading and not an answer which goes into any detail of how I trade. And many of us have different ways, ideas and learning curves behind us which did lead to different ways of trading. But this you clearly mentioned in point three in your post. So this is what I do. Like Franky boy told: My way
I have no idea what your system is or what your strategy you trade is. The variations here are endless. I prefer to see the/any market moves in either direction at least a certain amount of points before I even think to act on the entry side, short side, long side or on the exit side. This amount of points is different from market to market and can be defined individually according the the current volatility in any specific market. Now if the market made this range, then and only then I will decide if I do act in any way. How this is done? That would need to explain a whole way of trading. But in short: The core of the whole system are synthetic option strategies. If market is at entry and exit levels, then they are spotted through price action and if this is still not clear, then three indicators are used as a last help to confirm the next step. If I take a position, this position is managed and spotted the whole day by following the so called: Snake. A snake which every market has. Over night I hedge this positions in this or that way and the next day I move on with that trade. That is my way of doing it now. This way has started at the begin of my trading on a completely other point and this was by doing only swing and positional trades. With the time the whole way of trading has changed to what it is today, even the strategies are more or less the same like at the begin. Your question are very much pointed in the direction of a pure future trader. My kind of trading includes options and futures and so I have far more possibilities to manage a trade and not depend on single trailing stop losses or fixed targets. Take care and have a nice weekend / Dan
re: Day trading Nifty & Banknifty Futures
STsir is it 10% or 1% ?, in the list it is Rs.7 per unit
http://www.goldmansachs.com/gsam/in/advisors/products/exchange-traded-funds/equity/nifty-bees/corporate-action.html
STsir is it 10% or 1% ?, in the list it is Rs.7 per unit
http://www.goldmansachs.com/gsam/in/advisors/products/exchange-traded-funds/equity/nifty-bees/corporate-action.html
re: Day trading Nifty & Banknifty Futures
They always give dividend in the month of March. This march they gave dividend of Rs 7 for each unit. It is 1% dividend.
To know more, just look at the Nifty dividend yield and subtract 0.49% (which is Goldman Sachs Commission) and you will get the dividend yield of Nifty Bees.
Dividend
March 11, 2014- Rs 7 dividend
March 14, 2013- Rs 7.5 dividend
March 12, 2012- Rs 10 dividend
Actually 0.49% is pretty high for an ETF. The SPDR has only 0.1845% in commissions. But it is better than most mutual funds who charge 1 to 1.5%
They always give dividend in the month of March. This march they gave dividend of Rs 7 for each unit. It is 1% dividend.
To know more, just look at the Nifty dividend yield and subtract 0.49% (which is Goldman Sachs Commission) and you will get the dividend yield of Nifty Bees.
Dividend
March 11, 2014- Rs 7 dividend
March 14, 2013- Rs 7.5 dividend
March 12, 2012- Rs 10 dividend
Actually 0.49% is pretty high for an ETF. The SPDR has only 0.1845% in commissions. But it is better than most mutual funds who charge 1 to 1.5%
Last edited:
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