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Nifty futures are index futures where the underlying is the S&P CNX Nifty index. In India, index futures trading commenced in 2000 on the National Stock Exchange (NSE).For Nifty futures contracts, the permitted lot size is 50, and in multiples of 50. Like other futures contracts, Nifty futures contracts also have a three-month trading cycle -- the near-month, the next month and the far-month.After the expiry of the near-month contract, a new contract of a three-month duration would be introduced on the next trading day. Investors can trade in Nifty futures by having a margin amount in their account. This margin is a percentage of the contract value. It is usually about 10-12 per cent.
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20.7.2015
STRATEGY FOR NIFTY IS TO BUY ABOVE 8632 AND TO BOOK PROFIT AROUND 8662 AND 8692 WITH SL OF 8600
STRATEGY FOR BANK NIFTY IS TO BUY ABOVE 19160 AND TO BOOK PROFIT AROUND 19210 AND 19260 WITH SL OF 19110
-71.45 +0.37 19159.00 -71.45
+4.35
+0.05 8631.00
+4.35
NIFTY UP PERCENTAGE CLOSES AT NIFTY CLOSED UP BY
BANK NIFTY DOWN PERCENTAGE CLOSES AT BANK NIFTY CLOSED DOWN BY
8590
8569
8631
8651 8671
BULLISH
BULLISH
BPCL BUY 941 951 930
ZEEL BUY 380 384 375
TECHM 494 487 500 508 513
M&M 1281 1264 1291 1308 1318