can some one help me with basics of nifty futures i am new to this.i bought 1 lot yesterday when nifty spot was 5708 there was a premium of 11 rs hence they sd i would have to buy at 5719 but as per sir he sd to keep an eye on 5722 level so i was confused as to where should i keep my sop loss. but i went ahead and kept it at 5730 which was trigered at EOD whent nifty spot was at 5720.i am bit confused here how does this work where should i keep my stop losscorrect me if i am wrong should it be 5708-5725=17 ptsshould i add 17 pts to 5719 my buying price???please help
could some one help here on the above query
The premium pf nifty futures is reduced to 3 or 2, what doesit indicate
is this due to nearing expiry or other reason
@ Akki_tank007Why will your SL be at 5730 if you buy at 5708.Is it that you sold nifty @ 5708. Or is it that I am missing something in your question.
sir could you please help me on this one. sorry if i am disturbing you
@yash&dhan when i sold nifty spot was 5708 and premium was 11 so i was told by broker that if i want to sell then the i would have to sell at 5719
akki_tanku r confused with nifty futures and spot levels. all levels mentioned here are spot unless specified
@ Akki.. .. 007What did you buy? Nifty future or put option?If you bought NF you have to hold with 20 point Sl from buy price in down side. If you sold Nf hold with 20 points SL upside.
@Prakash-Pol regardless of what the premium is
Master ilango and friends,Good morning to all☺☺
Dear Ilango Sir & Blogmates,OI Table Update at 11:00 AM, VAH:5730, POC-5714, VAL-5697, WVAH:5707, Pivot:5707, VWAP:5716Only addition at 5700PE and CE, with PE writers better off with net OI still higher. Another range bound day in the making…Thanks & Regards
nifty says: mai sab ko confuse kar dungi...sawaal puchnewaale ko aur jawaab denewaale ko bhi....
Nifty is tied very much within this range. unless it breaks out of this range of 90 points, no trend will emerge
5710 weekly hema
emas may soon converge in ns 5 min chartsmay see some movemnt afterthatexpecting it towards 5740nschhoti si aasha
@ nifty rider,Market confuses when you form "opinions".If you follow the prices, it is quite obvious market hasn't given away much to form opinions. But still traders do them.When Nifty fell from 5815 to 5637 and got oversold in the short term, it started to trade "sideways" and it continues to do so.That is the only message, it has given. The other message is "half way" with a "rounding bottom formation" as long as 5670 is held.And when you go deeper down to "minute charts", within this range market has become overbought and oversold @ extremes.A person using trendlines would have done better in this small range.
STOCK4SUREit will be a miracle-- to see 5740 level today or even within expiry
Morning JN family,EOD level 5695 will be watched with interest by bears ... bulls need to keep pushing , if they wish to stay in command & take out 5780 pronto Have a gr8 trading day , cheers!
Exactly Parimaljisetups do not favor to see 5740 today considering all the other parameters but yet not confirmed, we have to be cautious, follow the prices.let us see!my personal opinion is that fast sell setup is on the way.regd
Very Good Morning my Dear Shradha Saburi hope you are doing well
@Master,Yesterday i starting to calculate wave in hourly/daily.But its very tuff to calculate.Its taking lots of efforts.Really you are great ,bcz you doing this hard work for you and also others.Only just i want to know that,Is starting of EW calculation is good on daily basisOr Hourly???Please guide me.
@ilango sirnifty is in trading zone since 5th oct. i havent seen such a long sideways movement in my carrier..though i m short since yday but still not sure how long i will remain short..market is supreme...stoploss saves u...and time frame guides u...
PARIMAL SIR,WRITING in 5700pe is much more than 5700ce and after convergence of emas may give a breakout on upside5740 to meri chhoti khwaish haiactual khwaish hai 5770
stock4surebhagwan aapka khwaish ko sach karde :)
Prithvi Yashashvi telling you frankly about EW: i am of the opinion (taking caveat of being not very correct)that one may read may big and complex books on EW. yet the best way to learn EW is from live market. it is just easy. if one does not see any wave, one should not feel 'guilty'. just wait one emerges. keep it simple-- 1-2-3-4-5, a-b-c.
5697 is 200ma in 5 min chartscan expect a decent bounce towards 5717
Ilango Ji,the possibility of sub wave C down starting from 5723 top still exists.
a small bullish WW developing in ns intraday 5 min chartsmay trgt 5717-5720 range till 1pm
5708 is immed resconfluence of emas
New Post Done.