Nifty Futures Trading

[Venkat123]

Re: Time to Stick my Neck Out ,Nifty 7300

Question -
I bought some March put options through ICICI direct. Since the options for the strike price are almost never traded, i have held on to them. Few days back i bought a call option with a march expiry date to lock in my profits. Now, what do i need to do on Mar 27? Will the options be settled (money in my account) or will ICICI convert the put options into shorts and call options in longs?

Any help is appreciated.

 

[RANJITSINGH66]

Re: Time to Stick my Neck Out ,Nifty 7300

hi ajax,
thanks for providing charts. it can help us to learn a lot about daytrading in others shares too.
thanks once again
RANJITSINGH66

 

[Ajax]

Re: Time to Stick my Neck Out ,Nifty 7300

hi ajax,
thanks for providing charts. it can help us to learn a lot about daytrading in others shares too.
thanks once again
RANJITSINGH66

Thanx Ranjit....

U can apply same technic to any time frame (intra/daily/weekly/monthly)
or any chart pattern/comodity/forex

Good luck

Ajax

 

[Ajax]

Re: Time to Stick my Neck Out ,Nifty 7300

Question -
I bought some March put options through ICICI direct. Since the options for the strike price are almost never traded, i have held on to them. Few days back i bought a call option with a march expiry date to lock in my profits. Now, what do i need to do on Mar 27? Will the options be settled (money in my account) or will ICICI convert the put options into shorts and call options in longs?

Any help is appreciated.

U can & should exercise the 'options' on expiry. Since Nifty are European type this can be done only on expiry date.

If u dont know how to do it....
Simply square up ur positions. These 'wont' be carried forwards.
Better to book ur profits urself.
Regards

Ajax

 

[Venkat123]

Re: Time to Stick my Neck Out ,Nifty 7300

Hi Ajax,
I tried to square off but there are no real bids. The current bid is Rs150/option below current NIFTY.

 

[Ajax]

Re: Time to Stick my Neck Out ,Nifty 7300

Hi Ajax,
I tried to square off but there are no real bids. The current bid is Rs150/option below current NIFTY.

On expiry day : Exercise the options.. If u dont knowhow to , Go to ICICI direct and ask them to exercise the option for you..

U will get full value of your option ( Nifty Spot @ close - Strike price).
Dont just leave it by itself.

Ajax

 

[Venkat123]

Re: Time to Stick my Neck Out ,Nifty 7300

Thanks Ajax!

 

[amitpethkar]

Re: Time to Stick my Neck Out ,Nifty 7300

I use TrueDataIndia RT service....
There ya hooo service is erratic but PIB to Ami seems to
be doing fine.

Any idea who provides good RT services for Ami

Ajax

Hi Ajax,

Do they provide volume information for all futures? On the website I saw a comment by their tech.admin that NIFTY volume data is not available.

Has anyone tried - http://indian-investor.com ?


Thanks,
Amit

 

[Khokan]

Re: Time to Stick my Neck Out ,Nifty 7300

Hi Ajax
Thanks a million yr trading chart. For new guys like us its a great learning experience.
Regards.
Khokan

 

[SMITA PAL]

Re: Time to Stick my Neck Out ,Nifty 7300

Hi All,
I am a novice in stock market...learning technicals .
Can u people please help me by suggesting how to choose proper scrips for trading ...
I am confused ...please help me seniors..

Thank you

Smita