Nifty Futures Trading

[rakeshluthra430]

Re: Time to Stick my Neck Out ,Nifty 7300

Short 50% more of orig qty at 5184.4 sl same 5198

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Stopped ,avg (+ 5 points)

 

[rakeshluthra430]

Re: Time to Stick my Neck Out ,Nifty 7300

Same here... stopped at 5187... some loss overall

 

[milkyblack]

Re: Time to Stick my Neck Out ,Nifty 7300

There is no fixed brokerage with Indiabulls,as my a/c with them is now more than 5yrs & my TO is more than few Crores every month i get a very nominal brokerage,but for RKG they have a fixed brokerage even HSBC has fixed lucrative brokerages.

Ya in tht case u have the power to bargain!!! I will open in RKG in tht case... they told me Rs 9/- per lot...
There is no unlimited at 999 per month for derivatives... its only for the cash market
Anyway 9 a lot is good tht would make it abt Rs 2/- (including all chrges)

Thanks a lot to u to introduce me to RKG a few days back...

Regards

 

[new2sm]

Re: Time to Stick my Neck Out ,Nifty 7300

how rs. 2?

 

[milkyblack]

Re: Time to Stick my Neck Out ,Nifty 7300

how rs. 2?

I mean to break even 1 lot of NF ... its almost Rs 2/- (at NF abt 5200 levels)

the total brokerage + taxes should come to abt Rs 92/-

so the contribution for 1 lot of Nifty(50 qty) is abt
1.84 (approx 2)

Regards

 

[new2sm]

Re: Time to Stick my Neck Out ,Nifty 7300

guys just a clarification, ur brokers charge u brokerage on Premium amount, Profit/Loss or on Face value of the lot?
For instance say if u buy 1 lot Nifty 5200 call option @200 premium. So face value will be (5200+200)*50 = 270000.

 

[biyasc]

Re: Time to Stick my Neck Out ,Nifty 7300

Bought @5194.xx with a stop at 5184.xx.

 

[biyasc]

Re: Time to Stick my Neck Out ,Nifty 7300

Bought @5194.xx with a stop at 5184.xx.

Stopped out.

 

[milkyblack]

Re: Time to Stick my Neck Out ,Nifty 7300

guys just a clarification, ur brokers charge u brokerage on Premium amount, Profit/Loss or on Face value of the lot?
For instance say if u buy 1 lot Nifty 5200 call option @200 premium. So face value will be (5200+200)*50 = 270000.

It should be on the strike price(premium)...

Regards