A futures contract is an agreement between two parties – a buyer and a seller – wherein the former agrees to purchase from the latter, a fixed number of shares or an index at a specific time in the future for a pre-determined price. These details are agreed upon when the transaction takes place. As futures contracts are standardized in terms of expiry dates and contract sizes, they can be freely traded on exchanges. A buyer may not know the identity of the seller and vice versa. Further, every contract is guaranteed and honored by the stock exchange, or more precisely, the clearing house or the clearing corporation of the stock exchange, which is an agency designated to settle trades of investors on the stock exchanges.Futures contracts are available on different kinds of assets – stocks, indices, commodities, currency pairs and so on.Here we will look at the two most common futures contracts – stock futures and index futures.
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29-07-2015 12/08/2015 INDEX OPENHIGH LOW CLOSE NIFTY FUTURE 8545
856084618494 BANK NIFTY18998 189991863018699 INDEXR2R1PPS1 S2 NIFTY
FUTURE860485498505 8450 8406 BANK NIFTY 191451892218776 1855318407
NIFTY VOLUME 417001370725 12.48% 95% INDEX CURRENT PREVIOUS %
CHANGE NIFTY OI 1654370016992725 -2.64% BANK NIFTY OI
225635020653509.24% BANKNIFTY VOLUME139891102057 37.07%
IndianMarketsendednegative(red);afterIndian indices remained heavy
volatile movement during the day. The Sensex ended the day at
27866; down -235 points. Nifty closed the day at 8462; down -63
points. Stock Recommendation
******* Stock Recommendation for 12/08/2015 is ZEEL. In todays
trading session it was up 1.63%. Its long term trend is up.
Parabolic SAR & RSI have also buying confirmation. So our
buying level is above 418 & our target is 424 & 430 in
tomorrow. Our stop loss is 410; the entire indicator
issuggestingthatonecangoforlongpositioninthestockatabove418levels.Our
Recommendation on ZEEL above 418 for 1st target 424 and 2nd Target
430 with stop loss level 410. . . . SYMBOLTECHM
541.902.06SBIN267.90-5.25 INFY1115.002.67
TATASTEEL247.30-5.30ZEEL416.00 1.56 HINDALCO103.25-4.22 BOSCHLTD
26555.00 2.03 TATAMOTORS 367.85 -4.63 TCS 2600.80 1.12COALINDIA
392.70 -3.74 CLOSE PRICE % CHANGE SYMBOL CLOSE PRICE % CHANGE PRICE
% CHANGESYMBOL CLOSE PRICE % CHANGE SYMBOL CLOSE PRICE % CHANGE
PRICE % CHANGE SYMBOL STRIKE RATEOPENHIGHLOWCLOSE SBIN CE300
4.805.85 1.10 1.20SBIN CE 290 8.65 9.85 2.102.20 SBIN PE270
3.657.95 2.257.95 SBIN PE280 6.9514.604.60 14.60 4.25 SBIN CE 280
12.95 15.40 3.85 4.00 FII LLGROSS PURCHASE GROSS SALE NET
PURCHASE/SALES DIIGROSS PURCHASE GROSS SALE NET PURCHASE/SALES 10
August 2015 3539.95 3554.38 -14.43 07 August 20153641.31 3735.05
-93.74
06 August 20154000.703891.77 108.93
10 August 2015 1323.231373.28 -50.05 07 August 2015 1792.20
1758.12 34.08 06 August 20151432.061543.84 -111.78
Theinformationcontainedherewasgatheredfromsourcesdeemed
reliablehowever;noclaimismadeastoaccuracyorcontent.Thisdoes
notcontainspecificrecommendationstobuyorsellatparticularprices or
time, nor should any examples presented be deemed as such. There is
ariskoflossinequitytradingandyoushouldcarefullyconsideryour
financial position before making a trade. This is not, nor is it
intended, to be a complete study of chart patterns or technical
analysis and should not
bedeemedassuch.MoneyClassicInvestmentAdvisorsdoesnot guarantee that
such information is accurate or complete and it should not be
relied upon as such. Any opinions expressed reflect judgments at
this dateandaresubjecttochangewithoutnotice.Foruseatthesole
discretionoftheinvestorwithoutanyliabilityonMoneyClassic Investment
Advisors. MONEY CLASSIC INVESTMENT ADVISORS WEBSITE-
WWW.MONEYCLASSIC RESEARCH.COM EMAIL- [email protected]
CONTACT NO. - (M) 9039777700
