Nifty Futures Trading

[new2sm]

damn did u hear that on cnbc....if nifty falls more than 15% after 2.30,no lower circuit....lc can happen only before 2.30....

learn2 wohi to mein kab se bol raha hu. wait for 2:30

 

[learn2trade08]

are we talking of 20%????

learn2 wohi to mein kab se bol raha hu. wait for 2:30

 

[uasish]

If we can fix a time tonight we can share our experience of last few days.

 

[Sunil]

mkt close to 10% lower circuit. if the mkt falls below 10% post 2:30 no halt. looks like that is on the cards on FIIs mind.

damn did u hear that on cnbc....if nifty falls more than 15% after 2.30,no lower circuit....lc can happen only before 2.30....

L2T, we already have an FII amongst us...
meet new2sm

 

[uasish]

Now is it heading towards 2560.

 

[new2sm]

learn2 I would love to add more numbers to it. But bolunga to Sunil bolenga ki "abe tune to kasai kahan khol rakkha hai aaj"

 

[kapil123]

Circuit Breakers
The Exchange has implemented index-based market-wide circuit breakers in compulsory rolling settlement with effect from July 02, 2001. In addition to the circuit breakers, price bands are also applicable on individual securities.

Index-based Market-wide Circuit Breakers
The index-based market-wide circuit breaker system applies at 3 stages of the index movement, either way viz. at 10%, 15% and 20%. These circuit breakers when triggered, bring about a coordinated trading halt in all equity and equity derivative markets nationwide. The market-wide circuit breakers are triggered by movement of either the BSE Sensex or the NSE S&P CNX Nifty, whichever is breached earlier.

In case of a 10% movement of either of these indices, there would be a one-hour market halt if the movement takes place before 1:00 p.m. In case the movement takes place at or after 1:00 p.m. but before 2:30 p.m. there would be trading halt for hour. In case movement takes place at or after 2:30 p.m. there will be no trading halt at the 10% level and market shall continue trading.


In case of a 15% movement of either index, there shall be a two-hour halt if the movement takes place before 1 p.m. If the 15% trigger is reached on or after 1:00p.m. but before 2:00 p.m., there shall be a one-hour halt. If the 15% trigger is reached on or after 2:00 p.m. the trading shall halt for remainder of the day.


In case of a 20% movement of the index, trading shall be halted for the remainder of the day.
These percentages are translated into absolute points of index variations on a quarterly basis. At the end of each quarter, these absolute points of index variations are revised for the applicability for the next quarter. The absolute points are calculated based on closing level of index on the last day of the trading in a quarter and rounded off to the nearest 10 points in case of S&P CNX Nifty.

 

[uasish]

Today all Intraday Positions in Cash Mkt will be closed early for sure.

 

[praveen taneja]

How many of us have seen (-)11 % in Nifty.(about to happen)

OMG never Da i too never saw such a trend n hope will never see that too

 

[learn2trade08]

you know whenever i see you and sat'da giving targets i get a picture in mind....
2 men taking their dog(nifty) for a walk with a leash as it obediently follows your orders....

Now is it heading towards 2560.