Nifty Futures Trading

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

CRR and Repo hike , short covering expected tomorrow ?

50 BPS HIKE IN BOTH.... CRR & REPO....

Long Term Bull market has got a big, heart-breaking body BLOW

 

[nagendra_gb]

Re: Time to Stick my Neck Out ,Nifty 7300

50 BPS HIKE IN BOTH.... CRR & REPO....

Long Term Bull market has got a big, heart-breaking body BLOW

What is ur expectations for tomorrow and wht is the levels t watch out for

 

[kkseal]

Re: Time to Stick my Neck Out ,Nifty 7300

That accounts for the heavy shorting by FIIs in the last 15 min today

 

[jace48]

Re: Time to Stick my Neck Out ,Nifty 7300

Long Term Bull market has got a big, heart-breaking body BLOW[/SIZE]

For some time yes.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

I use Religare where my cost structure is as follows:

Brokerage = 0.02%
Service tax on Brokerage = 12.36%
Total Brokerage per side (A)= 0.0225%

Other duties, etc(B) = 0.0043%

TOTAL COST (EXCL STT) PER SIDE = (A+B) = 0.0268%
TOTAL COST (ESCL STT) FOR TWO SIDES = 0.0536%
STT is actually 0.017% on the average of Buy Value & Sell Value... (in short in one side)

SO TOTAL COSTS FOR BOTH SIDES = 0.0536% + 0.017% = ~ 0.071%

So, in one lot of nifty with price 4500, total cost = Rs. 160/-
If the price is 5000, then total cost = Rs 177.50

So, my cost is in proportion to the Nifty value at that time. T

Taking an average of Rs 170/- for 50 Nifty, 1 Nifty's cost = 3.4 points... in other words, my trade has to move atleast 4 points to cover costs.... beyond that is my actual net profit.....

http://www.traderji.com/brokers-demat-matters/21449-r-k-global-issues.html#post175301

 

[new2sm]

Re: Time to Stick my Neck Out ,Nifty 7300

CRR and Repo hike , short covering expected tomorrow ?

short covering!! are u serious?

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

http://www.traderji.com/brokers-demat-matters/21449-r-k-global-issues.html#post175301

RKGlobal????
You mean, your broker is RKGlobal....???

Well, I found only 2 posts by you in this thread and that too dealt with POA...???

Please, can you explain me....

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

RATE HIKES....
=

Politics win over Economics...
(yesterday only RBI Governor was sounding cool & calm, though I had mentioned he has left a window open for hikes)

Inflation concerns win over Growth concerns...
(election is coming up, yaar)

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

RKGlobal????
You mean, your broker is RKGlobal....???

Well, I found only 2 posts by you in this thread and that too dealt with POA...???

Please, can you explain me....

Sunil,

I have never mentioned my broker is RK Global.I am unable to mention the brokerage i get from my broker in a public forum,but here you can get economical brokerage.

Asish

 

[Sats]

Re: Time to Stick my Neck Out ,Nifty 7300

Sunil,

I have never mentioned my broker is RK Global.I am unable to mention the brokerage i get from my broker in a public forum,but here you can get economical brokerage.

Asish

Thats ok Ashish da.

What's ur opinion abt the below idea???

http://www.traderji.com/brokers-demat-matters/22489-how-abt-tie-up-some-brokerage-firm-get-low-brokerage-traderji-com-members.html

Regards,
Sats.