Nifty Futures Trading Part 2 (Positional)

[learn2trade08]

977 ....would there be any private sector banks lft in india??


to request RBI Governor to cut short his tour. He knows fib levels very well. He will allow 2970 first, then will return back to India. If he fails to complete the tour within 2970, then will definitely come back to India when at 1292. And at that time if he does not return, 977 is must and we will go to US for tour.[/QUOTE]

 

[Sunil]

Short selling cannot be banned here without closing down the futures markets... even shortselling in cash has been banned in other countries not the futures market... if shortselling is banned then how can the futures market operate ? only buyers for futures is impossible... the shorting ban elsewhere is for shorts in cash without delivery....

Very true.
In fact, if ever, the futures market is closed, we'll have to rely on Options... and for using Options for intraday trading, i'll have to take a crash-course from RD...

 

[Sunil]

Coppock Indicator

Coppock Indicator is a very useful long term indicator in indentifying Bull Markets.Edwin Coppock developed the Coppock Indicator with one sole purpose: to identify the commencement of bull markets. The indicator was devised for use on the Dow Jones Industrial Average but is suitable for use on other market indices or averages. A bull market is signaled when the Coppock Indicator turns up from below zero(means from -ve towards +ve value).

To calculate the Coppock Indicator:

1)Calculate 14 month Rate of Change (Price) for the index. Use monthly closing price.
2)Calculate 11 month Rate of Change (Price) for the index. Use monthly closing price.

Add the results of 1 and 2.

Calculate a 10 month weighted moving average of the result.

By Applying the Coppock indicator to the sensex it is clearly visible that from the last 11 years we had witnessed two bull runs. The First Bull Run Started during the middle of 1999 and extended upto 2000( a very short Bull run) after a long gap of years(2000-2003) the next bull run started which is also clearly witnessed from the coppock Indicator. Now the value of the Coppock Indicator is just below the zero(-15.727) Simply Wait for the Bull Signal to arrive.

 

[learn2trade08]

i dont think they will ban shortselling,even if they do it should only be say in financial sector right....
but most of the guys here trading will be unaffected as there will be no restrictions on nifty?
there was no ban on shorting any index in the world....and in u.s the ban has been lifted as govt realised its just done more harm by banning short selling.

 

[devangan123]

i dont think they will ban shortselling,even if they do it should only be say in financial sector right....
but most of the guys here trading will be unaffected as there will be no restrictions on nifty?

I think SEBI must ban short selling on ICICI bank other wise these short sellers are creating panic in ICICI customers and this panic may lead to failure of ICICI bk

 

[xtalk]

Can you trade ICICIBank in your trading terminal? I see that prices aint moving after 10:01a...now 10:17a!! I also checked in CM and F&O

 

[learn2trade08]

yup....yup...yup...
i can trade and i am long!!

Can you trade ICICIBank in your trading terminal? I see that prices aint moving after 10:01a...now 10:17a!! I also checked in CM and F&O

 

[arvindhbadri]

RKG odin allows it.i can trade

 

[SharmilaPrakasam]

hi to all traderji members.,


can any one reply me how nifity works, briefly

 

[Czar]

hi to all traderji members.,


can any one reply me how nifity works, briefly

Well Usually it goes to work from 9:55 to 3:30 & keep running up & down on Traders head for that period.... Sorry could'nt resist, but your question is very vague ???