Nifty Futures Trading Part 2 (Positional)

[rajaram.dilipkumar]

hmm my broker, never takes me with him

still laughing ....

 

[orderflow13]

alex , pls take it as a little piece of information from a friend ... as we all are here to share and learn from each other. There are only 3 or 4 people in traderji who have to right to advice and whose advice we all seek...

Yup totally agreed ....we must discuss and learn from our mistakes thats why we are here and still by discussions we not learning ,few seniors will surely guide us,as asish da pointed my mistake effectively today

 

[mitasatyajit]

Alex : If u donot buy future at 4050 and keep ur position intact. Range of 3850 - 4250 is profitable.

 

[orderflow13]

Alex :


As Czar adviced to long a future to compensate, trying to give u the scenario.

is it excel or word sat da... see help coming from every corner ... blessed that day when i enter in traderji ...so ideally nifty must not move till expiry ......n ehh i got wt czar said,lol ....

 

[rajaram.dilipkumar]

was just going thru it...
i personally feel that some divison of that thread should happen (i can already see one), like what we have done with Nifty Trading...
Asish da has even gone a step further today and made a "LIBRARY" for us...

I know, i have no right to comment on this, but i think max three persons should be allowed to post the correct status at a new "Status" thread, and existing thread should be the discussion table, and one where junior level queries could be answered (this one, i think, is already there...)

yes , lot of unwanted crap has to be removed from important threads ... fully agree with sunil. if we want to have non - thread related discussions then we can open one in the chit- chat column with thread title as head - informal discussions. Only nifty levels and charts should be posted in main threads.

 

[mitasatyajit]

is it excel or word sat da... see help coming from every corner ... blessed that day when i enter in traderji ...so ideally nifty must not move till expiry ......n ehh i got wt czar said,lol ....

This is excellent "EXCEL".

 

[orderflow13]

Interesting debate going on,cant help but interfere.
.Today afternoon i calculated the ATM premium with 39 implied volatility,it was 15 bips lower than actual prising,,.

which option calci u use?i use this one http://optionseducation.org/resources/options_calc.jsp

 

[ruchi_gupta]

which option calci u use?i use this one http://optionseducation.org/resources/options_calc.jsp

I use swissnova option calcualator.Serves me well for trade in index and money market.
I perchased it from ebay.Your link is suitable for U.S. markets,as there are few default satings like time for expiry which we cant change,plus it uses interest rate 4.5% hope you change it while calculating.
P.S. check in odin,they provide buillt in option calculater.

 

[ruchi_gupta]

This is excellent "EXCEL".

your excel is really excellent satyajit ji like your trendlines. And thanks for help link about posting charts i finally managed it.

 

[orderflow13]

Trading Psychology: I believe the bulls are beginning to wrestle control from the bears. After the long-legged doji formation day before yesterday, a big white candle has formed today. The bears tried to exert themselves after no follow-up buying emerged yesterday, but today's recovery and close has tilted the balance towards entering long positions.

I haven't yet analyzed whether the last remaining bulls who were weighing us down have been shaken off today. Given the volumes and sentiment, they may have been. If so, the upmove will have to be in a manner which doesn't let them get back in. In either case, I am only taking long positions now until I see the market balance favoring the bears again.

Target: ~4614 (analyzed some time back - can't find chart - fibonacci level based)

wow amazing explanation.Candle stick explained with live example.short but sweetly.