General Trading Chat

[TracerBullet]

TB can you share afl of above

Thats pratap's afl and his chart. But you can do this manually too and better do that at start anyway.

 

[copypasteaee]

sir , how and when mp are upgraded to VP ? please share

 

[Fundootrader]

the margin for indiavix was 7 lakhs when it started, how did it go to 14000?

My mistake - updated - its actually 3 Lakh approx NRML margin and not 7 Lakhs

 

[timepass]

Got the answer from zerodha site- sharing for reference

- No data - as VIX contract expiry is every Tuesday - VIX is traded weekly

- The lot size is 650 - Price is in 4 decimals : 14.0012 : For 1 contract : Rs. 3 Lakh for 1 contract margin
- Margin: Required : 14% (9% for intraday)

Great instrument to hedge and also trade - today VIX was up 14% (per Motilal oswal post market roundup report)

Since VIX contract expired today - tomorrow is new series - so expect market volatility to continue

What is the scrip code for india vix ??

 

[Fundootrader]

What is the scrip code for india vix ??

https://www1.nseindia.com/live_market/dynaContent/live_watch/vix_home_page.htm

 

[lemondew]

The website says 0 contracts traded .
Theres a rule never get into illiquid instruments.

https://www1.nseindia.com/live_market/dynaContent/live_watch/vix_home_page.htm

 

[timepass]

https://www1.nseindia.com/live_market/dynaContent/live_watch/vix_home_page.htm

Expiry every week !!

 

[Fundootrader]

The website says 0 contracts traded .
Theres a rule never get into illiquid instruments.

There was contract expiry today - expires every tuesday - check for actual traded tomorrow

VIX is used by big players given the ticket size - but if meaningful information available - than can be used for option writing

 

[Fundootrader]

Talking about broker research/viewpoints on daily market movements, here is what I have seen from 3 leading brokers - motilal, angel and sharekhan (Disclaimer: I don't trade with any one of these, I trade at discount brokers only)

Sharekhan - Acts as aaya gaye to aayaram, gaya gaye to gayaram - especially in sideways/volatile markets - In trending markets, their targets/analysis is typically okay. But in markets like last week to today - they will keep flipping the analysis - yesterday it was 7500+ today it is back to 6800 in short term

Angel - Most frank of 3 - in their reports, they do admit they were surprised by market movement and they never thought it will happen - very candid frank admissions of being wrong - Also, they don't have any such short/medium term flipping targets - they stick with their targets - and also right advice in case of non clarity - like when markets did touchdown at 7100 last time - they advised not to short for retail investors as very near to bottom - and risk reward not appropriate

Motilal - Most convervative and precise of all 3 - but vague too - won't give clear range/targets/technical analysis - just 1/2 liners - but good ones - like since yesterday they never said go short or 7500+ targets - said markets in range - 7000-7250 - and can break either side - unless break happens - expect volatility

Any thoughts from fellow traders on same. I just read these for 10-15 mins prior to market open and 10-15 min in evening post market closure just the overview sections - not any recommendations.

 

[princy01]

New max pain levels please?