General Trading Chat

[TraderRavi]

NF premium increased to 30 from 17-18.

 

[arsh22g]

Arsh,

Just a simple analogy. E.g a newly constructed building has a value (Cost + labour) of X amount. Say this is the 'value' of the building, and is represented as same as 'Spot Nifty' Now the owner wants to sell it. Surely he will not want to sell at cost, but rather at a premium. But what price will the property attract? This will be based on the 'trend' If real estate prices are on the upswing, the owner will want a premium. And if the prices are on a down swing, the seller will want a discount. Consider the price the building gets transacted 'As Nifty futures' This price is a consensus price of the buyer and seller....

So to answer your question, futures prices take into account trend, expectations, volatility, demand-supply, greed and fear etc.... The same principal (in my view) determines Index or Stock futures trade.... and Nifty Spot follows these unquantified view of the market participants.....

Trust this helps....

Just to add to this, Value has two components : Assets in Place + Value of Growth Assets

Cost forms a part of Assets in Place, but Value of Growth Assets is dependent upon how the market views them, it can be divergent or convergent to what is going on in the market. This is why big funds do cost averaging, only if the inherent thesis is intact but the market trend maybe going the other way.

We are going further away from my intention, it was just to know what stocks are used for technical based ops, like on expiry day etc. Let's just close this

Cheers :clap:

 

[amitrandive]

Meanwhile , Nifty continues uptrend ,just taking support at yesterday high.

Spot Nifty 5 min

 

[DSM]

4H Chart shows next resistance at 7,565 and clear breakout on close over 7,610 Maybe an uptrend in expectations of Budget.

Impediments : Nikkie in 4 day downtrend - Currently down -1.32%

If European markets open strong, we can expect a further upside rally. Sentiment seems to have shifted towards long.....

Meanwhile , Nifty continues uptrend ,just taking support at yesterday high.

Spot Nifty 5 min

 

[traderniftybank]

Do not think NF will move above 7525/30

 

[Fundootrader]

4H Chart shows next resistance at 7,565 and clear breakout on close over 7,610 Maybe an uptrend in expectations of Budget.

Impediments : Nikkie in 4 day downtrend - Currently down -1.32%

If European markets open strong, we can expect a further upside rally. Sentiment seems to have shifted towards long.....

Meanwhile , Nifty continues uptrend ,just taking support at yesterday high.

Spot Nifty 5 min

So folks in short swing have closed the shorts - whch level breakout made you close and what pattern/signal - if you closed it and are now back long

 

[Fundootrader]

4H Chart shows next resistance at 7,565 and clear breakout on close over 7,610 Maybe an uptrend in expectations of Budget.

Impediments : Nikkie in 4 day downtrend - Currently down -1.32%

If European markets open strong, we can expect a further upside rally. Sentiment seems to have shifted towards long.....

Meanwhile , Nifty continues uptrend ,just taking support at yesterday high.

Spot Nifty 5 min

yeh upper le ja gar jor see neechee girana wala plan lag raha hai - fasna mat

 

[amitrandive]

So folks in short swing have closed the shorts - whch level breakout made you close and what pattern/signal - if you closed it and are now back long

Pure support and resistance play

Spot Nifty Hourly

 

[sherbaaz]

seems like distribution is happening on 3 min chart at 7500.

regds,
s

 

[XRAY27]

Sorry to butt in young guys. But I agree that age has nothing to with the risk taking appetite. I started learning trading after I turned 65 and and now in my early 70s. Please don't ask about rate of my success, but overall I have not incurred losses.

Sir !!!!

You are showing excellent sprite !!!!