Nifty Intraday Pivot Points

[anilbezawada]

Re: BankNifty Intraday Pivot Points

Savant Sir,

Picked up 1 lot of BankNifty July series futures at 7005.

Will pick up another lot on further dips. Was a little scared to pick up June series.

Regards,
Anil Bezawada

 

[SavantGarde]

Re: BankNifty Intraday Pivot Points

Hi Anil,

You Did Well With The First One, 2nd Entry Should Be Below 6700.00, If You Don't See It Go Down Below 6700.00 Then Wait.

Happy & Safer Trading

SavantGarde

Savant Sir,

Picked up 1 lot of BankNifty July series futures at 7005.

Will pick up another lot on further dips. Was a little scared to pick up June series.

Regards,
Anil Bezawada

 

[anilbezawada]

Re: BankNifty Intraday Pivot Points

Savant sir,

Thank you for replying. Will wait for 6700 for the second lot.

Sir,
One small question: it may sound a little naive specially after picking up one lot. What would be the margin required to hold 1 lot of BANKNIFTY. I was expecting it to be some where around 1 Lac. Is my assumption correct.

Regards
Anil Bezawada

 

[SavantGarde]

Re: BankNifty Intraday Pivot Points

Hi Anil,

Should Be Around 63000-65000

& Today You Are Sitting On About 52 Point Profit That Should Add Approximately 2600 Bucks To Your F&O Ledger....Less Other Mandatory Charges.

2nd Lot Not At 6700 Below 6700....OK

Happy & Safer Trading

SavantGarde

Savant sir,

Thank you for replying. Will wait for 6700 for the second lot.

Sir,
One small question: it may sound a little naive specially after picking up one lot. What would be the margin required to hold 1 lot of BANKNIFTY. I was expecting it to be some where around 1 Lac. Is my assumption correct.

Regards
Anil Bezawada

 

[anilbezawada]

Re: BankNifty Intraday Pivot Points

Yes sir. Will pick it up below 6700.

Regards
Anil Bezawada

 

[SavantGarde]

Re: BankNifty Intraday Pivot Points

Hi Anil,

Just Checked The Actual Margin Percentage It 16.33+3=19.33%

Which Means Your Margin Will Be (Settlement Price x 50) x 19.33%

Should Be Around 67700-68000

Happy & Safer Trading

SavanntGarde

 

[mans]

Sorry. Wrong thread.

Apologies.

Regards
Anil Bezawada

nifty stoploss 4444 .will that ok sir?just checking before your post.

 

[SavantGarde]

Hi Mans,

Will Not Be Able To Post Pivots For A Few Days

a) My Laptop Which Has All My Calculations Died On Me.

b) Going Out Of Town For A Few Days.

Now Coming To S/L Will Think About It Once I See NF At 4181.00

So Far Target Stands As Posted Earlier...

Happy & Safer Trading

SavantGarde

nifty stoploss 4444 .will that ok sir?just checking before your post.

 

[anilbezawada]

Re: BankNifty Intraday Pivot Points

Sir,

Have a safe and comfortable trip. I am thinking it is a pleasure trip. So have lots of fun. Will catch up with you when you are back.

Regards
Anil

 

[prabit]

Happy Holiday Savant, enjoy yourself.