Stock FUTURES To Keep A Close Eye On

[Nava]

Re: Savant Ji , Please Reply

shaslam,
Stop loss is the price at which one should sell off.
Brokers give an option to mention stop loss so it is autosold

Shaslam,

Which broker have this option..? I have a/c with ICICI Direct and Geojit.

Does any one has this..?

 

[savkar]

Re: Savant Ji , Please Reply

Hi Nava,
I am surprised this gem of an option is not known

Anyways its never too late.

In icici direct its available.
Go to F&O > Open Positions ... choose your future. You will get a link to "square off".

In square off you get to mention quantity.
Also there are 2 fields called
"Limit Price" and "Stop Loss Triger Price"
you enter the value here.

Ill explain with a simple example.

Suppose you buy a future on monday whose value is 100rs
on tue it reaches 150 :clap:
on wed it reaches 120
On wed night you fear the value might go below 100. go to above mentioned screen and if you enter these values
Limit Price: 110
Stop Loss Triger Price: 115

Then once the market opens on Thursday and if on that day any time the future price goes below 115, your sell ordered is triggered and sell transaction is completed. :thumb: so you dont have to be glued and tensed about your transaction.

Now these a subtle difference between stop loss and limit price which ill explain once you understood the above

Also Most brokers provide this facility and with help but explain it in a very complicated way

Shaslam,

Which broker have this option..? I have a/c with ICICI Direct and Geojit.

Does any one has this..?

 

[Nava]

Thanks for your reply.
Sorry for my misunderstanding. I did not see the thread tiltle properly. I thought that this option is available for cash market.

I have not tried Futures trading.

 

[savkar]

It's available in all markets cash, intraday, Futures, Options, ETFs

The same idea holds true as i had explained.

Thanks for your reply.
Sorry for my misunderstanding. I did not see the thread tiltle properly. I thought that this option is available for cash market.

I have not tried Futures trading.

 

[aditya14]

Hi Rithikesh,

Any Calls Posted By Me During The Market Hours Requires Active Monitorig If You Happen To Take Position...& It Is Also Essential To Have Some Trading Sense....To Know When To Exit..Incase Of Not Having Mentioned Any Targets Or S/Ls....Personally I Think You Could Have Done Without The 3 440-CAs That You Picked Up....& If There Was An Adverse News You Could Have Picked Up PUTs...Or Shorted Next Months Future...

In The Image Below Is An Example Of Real Trades For 5th May Which I Traded For A Friend Whose Account Size Is Approximately 6L

Reason For Posting The Trades Is To Show:

a) Hedging For Next Day Especially If We Are Uncertain How The Markets May Open (In This Case I Was Long 1-Lot TM & 2-Lots Short On STER)

b) Notice The Trades On TM, It Opened Down Was Sitting On Loss, Note Through The Trades How It Was Brought Into Positive

c) How To Scale Up & Scale Down...Trades...

Happy & Safer Trading

SavantGarde

Is that an Excel Sheet??? If so then it is a very flimsy grounds on which you have demonstrated the example.

 

[SavantGarde]

Aditya,

a) Yes It Is An Excel Sheet....Any Problem With That
b) Can You Elaborate 'Flimsy Grounds'
c) If You Are Trying To Imply Something, I Suggest....Say It Clearly

Happy & Safer Trading

SavantGarde

Is that an Excel Sheet??? If so then it is a very flimsy grounds on which you have demonstrated the example.

 

[SavantGarde]

Prst,

SESAGOA - Has Shown Remarkable Strength On Friday...Where Many Times It Had Remained In Positive To Its Previous Closing....Going Forward I Would Expect It To Move Up...Steadily...Our Markets...May Have Atmost Couple Of Days Of Softness Next Week....At The Same Time It Wouldn't Surprise Me A Bit If We Move Up On Tuesday...While I Am Not Certain For Coming Monday Though.

Happy & Safer Trading

SavantGarde

Savant Sir,

please let us know the future for Sesa goa.
Will there a drastic upside or downside in this month?

 

[chaitanyagoa]

Prst,

SESAGOA - Has Shown Remarkable Strength On Friday...Where Many Times It Had Remained In Positive To Its Previous Closing....Going Forward I Would Expect It To Move Up...Steadily...Our Markets...May Have Atmost Couple Of Days Of Softness Next Week....At The Same Time It Wouldn't Surprise Me A Bit If We Move Up On Tuesday...While I Am Not Certain For Coming Monday Though.

Happy & Safer Trading

SavantGarde

Hey Folks,

I track about 200 stocks. The main reason for the thrashing we had on friday were the banks... Al the banks made new lower lows. But the good thing i see is that most of the Futures of the stocks i follow are a Premium. Inspite of being thrashed on friday, all the banks inlcuding SBI, ICICI etc are at premium value. That might one good thing.

My only concern is that Our markets have not fallen as much as the other world markets....

UK fell by almost 14%
Nasdaq is down 11%
China .... This is below the ground i guess...
Germany 9%

But NIfty has fallen only 5.5%.. So we might have some more fall.... But i am very much positive that the pain might be over....

 

[chaitanyagoa]

Hey,

This is why i think the markets have almost bottomed out.....Look at the 15 mins chart of Nasdaq below....

I have checked the volume on each bar and the volumes on down bars is much less compared to the volumes on the up bars.... Infact the last two bars on the chart has equal volumes as the big 3 down bars at the start of the session.....

This might indicate a lot of absorbtion..... the market has corrected over 10 % and all the loop holes in the market seem to be filled...... Also Nasdaq has a big support at the current levels ..... Hence i guess it is buying time guys... But after all this i could be wrong lol.................

 

[chaitanyagoa]

Prst,

SESAGOA - Has Shown Remarkable Strength On Friday...Where Many Times It Had Remained In Positive To Its Previous Closing....Going Forward I Would Expect It To Move Up...Steadily...Our Markets...May Have Atmost Couple Of Days Of Softness Next Week....At The Same Time It Wouldn't Surprise Me A Bit If We Move Up On Tuesday...While I Am Not Certain For Coming Monday Though.

Happy & Safer Trading

SavantGarde

Hey Folks,

I am plotting a chart to help ppl understand what Sirjii has said about SesaGoa..... The stock has immense support at the 360-370 levels... Look at the self explanatory chart.... the stock has ended relatively higher that its low on each day .... the up days have been pn very high volumes when the other stocks on these same days were getting thrashed...... ie big down days on the NIfty.......

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