bank nifty tips for tomorrow

Bank Nifty Future and Stock Option Trading Calls

Experts said private Bank shares are looking good, and it is expected that the quarterly results will be good. Today Bank Nifty index at 19123.70 up 0.90%. Yes Bank and Federal bank shares are down. Axis Bank shares are at Rs 571.75 up 1.19% near 52 weeks high, RBI has increased the FII limit up to 74%. The nifty spot price at 11:42 am is 8581.05 up 0.46%. Today Future & Option trading calls Bank Nifty Future 28 July 2016 Buy above: 19147.64 Targets: 19172.66, 19207.28, 19241.94 Stop loss: 19113.06. ICICI Bank Stock option Expiry 28 July 2016 Buy above: 3.50 Targets: 3.51, 3.51, 3.5...
Read More

Bank Nifty Future Trading Tips

Learning the trading Business: In last posts, we discuss Bank Nifty future contract specification and capital requirement for trading. If you are beginners then you should only start trading with one lot size (i.e 40 units) to first understand the market mechanism and to check how well their trading strategies perform. Once you are able to understand the market and fulfill margin requirement than increase your lot size. This process is known as learning the trading business. Risk Management: When you start trading in high leveraged and a volatile product like Bank Nifty, the priority should b...
Read More

Bank Nifty Tips: Margin Money Required for trading

Every trader has requirement of marginal money to start in derivatives. Here is a simple calculation of margin money for Bank Nifty Future contract. The lot size of Bank Nifty Future contract is 40 units for which an initial margin of approximately 7.6% of the total contract value is required for trading. The current contract value is (40*18000) i.e We have to deposit an initial margin of approx Rs 55000. So if you want to start trading in Bank Nifty Future you have to deposit approx Rs 55000 cash to their broker. By cash here means a clear credit balance in the ledger of trading account wit...
Read More