Within the Indian derivatives world, the Nifty Futures has a very special place. In fact you may be surprised to know that Nifty Futures is easily one of the top 10 index futures contracts traded in the world. Once you get comfortable with futures trading I would imagine, like many of us you too would be actively trading the Nifty Futures. For this reason, it would make sense to understand Nifty futures thoroughly.

However before we proceed any further, I would request you to refresh your memory on the Index, we have discussed the same here. I assume you are comfortable with the basic understanding of the index; therefore I will proceed to discuss the Index Futures or the Nifty Futures. As we know the futures instrument is a derivative contract that derives its value from an underlying asset.

In the context of Nifty futures, the underlying is the Index itself. Hence the Nifty Futures derives its value from the Nifty Index.

This means if the value of Nifty Index goes up, then the value of Nifty futures also goes up. Likewise if the value of Nifty Index declines, so would the Index futures. Like any other futures contract, Nifty Futures is also available in three variants — current month, mid month, and far month. I have highlighted the same in red for your reference. Further in blue I have highlighted the Nifty Futures price which at the time of taking this snapshot was Rs.

The corresponding underlying value index value in spot was Rs. Of course there is a difference between the spot price and the futures price, which is due to the futures pricing formula. We will understand the concepts related to futures pricing in the next chapter.

Further, if you notice the lot size here is 25 this has been reduced to 25 from We know the contract value is —. These details should give you a basic overview of the Nifty Futures. One of the main features of Nifty Futures that makes it so popular is its liquidity.

Let us now proceed to understand what liquidity is and how one would measure it. Liquidity is the ease at which one can buy or sell a particular stock or futures.

Let us take up the example of MRF Limited to understand liquidity. Assume a foreign institutional investor intends to buy shares of MRF Limited.

As you may know MRF Limited is probably the most expensive stock in terms of price and not valuation in the Indian markets. MRF stock is currently trading at Rs. Do note a transaction of 20 Crs is not really a large one for a typical Foreign Institution. If you wish to buy large quantity of shares, then you need to look at how many shares are being offered in the market.

As you can see from the snapshot above there are only about shares in the market highlighted by blue arrow. Clearly the number of shares in the market is lesser than what is required, hence the MRF counter is considered shallow or illiquid.

Liquidity can also be measured by looking at the bid-ask spread and estimating the impact cost. Knowing about the impact cost is particularly helpful while placing a market order. The loss is expressed as a percentage of the average of the bid and ask price. Round-tripping is an instantaneous arbitrary trade you carry out by buying at the first best available sell price and selling at the first best available buy price.

Let us execute this on MRF please refer to the order book snapshot above —. So if I were to do a round trip, I would clearly lose money on it. In fact all round — trip trades result in a loss. The loss in this case would be —. So how do you use this information? Well, it simply means if you were to place a market order to either buy or sell the stock, you are likely to lose 0.

This may not always be true but you need to be aware that based on the number of shares you wish to transact in, you are likely lose about 0. Next time you call your broker to buy or sell a stock at market, the price you see on your screen and the price at which the trade executes may vary, do remember this is attributable to the impact cost! To give you a perspective, let us run through the same exercise on Nifty futures —.

This means if you buy or sell nifty futures at market price, you are likely to lose just about 0. The few key messages that I want you to take away from this discussion are these —. Considering Nifty Futures is the most liquid contract in India, it is safe to set 0.

You may also be interested to know that besides Nifty Futures there are few other future contracts that are quite liquid in the Indian markets such as the Bank Nifty Futures, Reliance Industries, Tata Motors, SBIN, Infosys, TCS, ITC, DLF, Cipla etc. Maybe you can calculate the impact cost for a few of these futures contracts to get a sense of their liquidity.

As you know the Nifty Index is a basket of 50 stocks. These stocks are selected to represent a wide section of the India economic sectors. This makes Nifty a good representative of the broader economic activity in India. This also makes trading Nifty Futures a much better choice as compared to single stock futures. There are many reasons for this, here are some —.

As far as i know you cannot carry shorts in the cash market overnight. It is true that the spot market drives the derivatives market… but at time for brief periods the other way round can happen as well!

A derivative instrument is structured based on an underlying, hence it moves according to the underlying. Have explained the basics here — http: Hi karthik, sorry for bothering you again on this concept. I am having difficulty in understanding the concept. Suppose there is short built up in nifty futures. Market participants who are short in nifty futures realise that bearish outloook is no longer visible. So they square off their short positions in nifty futures.

Here all the activity is taking place in nifty futures. So how it leads to rally in underlying cash market based nifty index. Yes, sometime and for a short duration the derivatives market can influence the spot. However it cannot be sustained. Such situations are called short covering or the long unwinding. How do you infer at EOD by looking at futures data whether a there is short build up or b short covering or c long buildup or d long unwinding? Most of it is waste.

Go through it in detail, if you have questions post them here, we will be more than happy to give you a quick response and help you tru it. Hi Karthik, I have recently started trading futures and i found these modules very impressive. I appreciate your effort in writing these again. Can I choose any NSE50 future contract?

Yes, when you place limit no need to worry about Impact cost. Also all Nifty 50 are liquid enough. Dear Sir, When will be the next chapter is uploaded and when all chapters on Futures are schedule to finish. I guess futures module will be completed by this week. Looking forward to Options module from next week on wards. Please stay tuned for more. Yes, you can do that. In fact we have discussed about spread in chapter 10, which will be uploaded in a day or two.

Request you to kindly look through the chapter when done. I have noticed that at times nifty futures transactions involving large qty. How does it happen? What is the relationship between disclosed and undisclosed qty.? When you opt for a disclosed quantity, only a part of the order is displayed and the rest will be hidden from the market.

The large transaction you are referring to must be end of day cumulative value. How does the software system distinguishes whether it is a buy transaction or a sell transaction. Well when you place an order, the first requirement is to ensure you specify if the order is a buy or sell.

Suggest you read through this chapter which will give you insights into a typical trading terminal — http: Hi Karthik, If I want to trade Nifty futures, and let us say my analysis needs past 6 months of continuous data, where should i conduct my anaysis as the contract expires every month? If Im not wrong, it has to be done on the underlying, ie. Data providers usually collate the current month futures data and give it out as continuous data stream. So when you look at the futures data its appears continuous and analysis friendly.

However I personally prefer to do all my analysis in spot and then execute trades in futures.

Hi Karthik, one query on this issue, if i am doing my analysis on spot, then my target and stoploss and subsequently risk: So if the trade requires you to buy futures when the spot is at say spot just go ahead and buy the futures at whatever price it is in…and if your target is in spot, sell the futures at that particular level. Track the spot execute in futures. Narsimha — Can you become a good doctor overnight? Likewise to be a consistent trader you need to put in a lot of efforts.

You need a plan and you need to stick to it no matter what happens. From what I see, you have spent the last 2 years trading with no success. Request you to spend the next 3 or 6 months by sticking to the rules and generally the checklist that we have discussed in the TA module. Also if you have no success in intraday trading try positional trades for few days. You need to be mentally prepared to put in the necessary hard work. Good luck and I wish you all the very best.

Sir, Thanks for your reply, Iam a positional trader, I am exiting some good fundamental stocks like Yes bank, Glenmark, Ultra Tech when they are hitting my set stop losses. When you initiate a trade you need to have a trade set up, which defines your entry price, target price, stoploss price, and most importantly the reason for trade.

If the trade hits the SL, then it is always advisable to exit and look for another opportunities. Also a good fundamental stock should be taken as a long term investment. Of course technically you can trade the stock you have invested in but that gives raise to biases, which will influence your long term thinking. Best is to separate investment stocks and trading stocks.

Hi Karthik, I had received an email from Zerodha regarding the site traderscockpit This site offers some tools and they also offer training courses as well and Zerodha seems to have some tie up with them for offering tools to its customers at special rates.

Do you know anything about their Technical Analysis course? Why do you want to spend money when everything is available to you on Varsity for free? Hi sir can I creat this type position in nifty future example- fut buy 1lot and short 2 lot otm call option Hi Karthik, Thanks for all the information.

Its been very useful. I have few basic qus: If I trade in large quantities of futures midcap, will there be enough liquidity to find buyers? Also I hold till expiry date, till say 3: Generally the liquidity is on the lower side when you go outside the NIFTY 50 basket.

So this could be detrimental for trading in really large quantities. Hi Karthik, Thanks for your reply! I have a couple of doubts may be silly LT futures in NSE, 1. The traded volume is 6, Is it units or lot? Also what can one infer is there are more units sold than bought? For this reason it is really tough to interpret the order book information and derive some meaningful information.

However, if you are developing a trading strategy maybe an algo the orderbook matters as a lot depends on the current demand supply situation. When we are doing technical analysis on Nifty spot chart. Technical analysis works on supply and demand dynamics but there is no actual demand and supply for Nifty in spot market.

Does the chart of Nifty spot represent the cumulative demand and supply for the 50 stocks? I hope it makes sense.: Well, you answered it yourself. Yes, the demand supply is what really matters…Nifty 50 shows the cumulative demand and supply of the 50 large companies in India and therefore it moves.

Thanks for the reply. Also what does the volume on Nifty spot chart imply? I suppose this volume refers to the collective volume of all the Nifty 50 scrips for the given day.

While working on the chart of spot Nifty,how to adjust the target and stop loss for the futures as the price is different for both? I usually ignore the futures price. So Nifty spot suggests a buy at , I will go ahead and buy the futures even if its trading at When doing positional trades in futures which order is to be placed and how to place stoploss for positional trades since all orders with stoploss bracket, cover, MIS are for intraday purposes only.

Here is the link to read about it — http: No,I mean which order is to be placed while doing positional futures trading in which stoploss can be specified. For positional futures position as in if you want to carry the same overnight always use NRML. For intraday trades use MIS, BO, or CO where you can alter the SL. But can NSE market making program or brokers see the full quantity?

Or is this hidden from all computers, broker terminals, etc? Nutan — Deep ITM options do have limitations. When you buy a ITM you have to ensure it remains ITM…if market cracks in case of CE then ITM may becomes ATM or OTM. However futures will remain futures. Hence ppl prefer to trade futures. Another challenge with deep ITM options is liquidity especially if you intend to trade large qtys.

If you short you can continue to hold the short position till expiry or choose to square off buy back the contract in this case the trade as and when you wish. When you place an order on amazon or flipkart, at a later point you can always go back and check for the status right? Similarly the orderbook in your trading terminal. When you place an order to buy or sell a stock the record of that is maintained in your order book.

However the orderbook is valid for the day. So when you place an order for a transaction you can visit the order book to change the price, quantity etc…of course once the order is fulfilled you cannot modify your order book.

Hello Karthik , First of all, hats off to you for all the good work you are doing. I used to trade earlier based on instinct and FA before I read your module on TA. After which, I started using TA and which proved really helpful. And after reading your module on Futures, carried out my first trade today in Nifty Futures which turned out to be quite profitable.

But I got a small doubt. I agree with that. But what about the Nifty Futures contract? Will that not result in manipulation of the price of the futures contract? I assume that if there are more buyers than sellers, then the sentiment is bullish and vice versa.

Thanx and Regards, Sunil. Yes, traders can place large trades with an intention to manipulate the bid ask…but do remember this wont affect the price. The price is affected only when a trade is struck. So if someone is placing an order just to cancel it very soon, then it would not matter to the price. Thanx for the reply. I agree with what u r saying. But what if some big fish has bought a huge lot maybe lots or more — Accumulation at say and then keeps buying 1 lot each at And when he has achieved the profitable price which is way above the price that he bought the huge lot at , he starts selling slowly in small lots and books profit Distribution.

I get your point. This may happen in small illliquid contracts…but not possible with large contracts like Nifty, Infy, RIl etc. Just to give you a perspective to trade lots of Nifty you just need 1. Hence it always makes sense to trade large liquid contracts. Got it… So I can safely assume that manipulation of a Nifty Futures contract is not gonna be easy considering its liquidity….

Keep up the good work… U rock man …!!!! I think there is a cut off at lots per order, so you may have to place 5 orders to get an exposure to lots. Hi Karthik, Why is price of MRF in the given snapshot increasing, when the total sell quantity is greater than the total buy quantity. I know i am missing something, just wanted to know what i am missing. One more query, a bit unrelated, during trading hours i have seen that many a times the total volume traded value decreases, it baffles me.

Market depth keeps changing based on demand supply. Regarding the traded volume, are you sure? Its a cumulative number and only increases as the day progresses. I want to understand in a better mannner how can i reasonably predict the price from the market depth window, what do you advice?

Predicting price from the market dept window is difficult. Yes, lot size is increasing effective from November. Check this for a detailed explanation — http: So what you see now will be very different 15 mins later. Hi Karthik, Which is the most liquid commodity future? I guess Gold and Crude are the most liquid contracts on MCX…but they are certainly not as liquid as Nifty.

Sir , In the options when we are not exercising the option and allow it to expire worthless what exactly does that mean. Is there a rule of squaring options too?? It means the option has lost all its value and the premium has gone to 0. No rules as such…but in case you have a long options position make sure you square it off to avoid STT trap. More on this here — http: Similarly I can buy nifty future but can I buy nifty itself Second, what about sensex can I trade on it Third, suppose I bought 2 lots of nifty future and after some days I want to square off.

Is it possible that if I only square off 1 lot position and other lot I continue to hold till expiry Thanks. You can buy any company and its futures. You can buy Nifty futures but to buy Nifty you will have to buy Nifty ETF. Hey karthik, Just to want to know that is there any limit on buying nifty futures contract for intraday…can we buy 10k lots of nifty for intraday?

Does the market order get fulfilled? The gross open position for each client, across all the derivative contracts on a underlying, should not exceed: Hey karthik I took a put on infy few days back.. Hard to say — the reason is more fundamental here. Infy has been consistent with its statements — giving out earning warning. Markets are just factoring in this and adjusting accordingly. Futures below spot signifies discount…could mean traders prefer buying Infy spot and selling futures.

Higher the liquidity the lower the volatility is what I believe. First of all let me thank you for your efforts in making such a complex subject in such a simple and easy to understand modules. I am new to Futures trade but now have got some good understanding after going through the modules. I want to know how and when to initiate my first trade, do I need to try dummy trades or can I directly jump and start trading.

You cannot learn swimming by reading a book, likewise the real experience of trading lies in actual trading. Be through with what you, be confident and place a trade. Experience it and learn from it. In my opinion, this is the best way to start! One question I have is how can we play the normal spread not calendar spread with Nifty? I am asking this because Nifty future does not have a corresponding Nifty spot instrument as far as I know.

There are Nifty ETFs, but they do not track the Nifty spot price closely enough. There is quite some difference between the Nifty ETF NAVs and current Nifty levels. Is there some other alternative to represent the Nifty spot prices in an easy and accurate way?

Check this — http: I wanted to ask that while buying a lot in nifty or anything how do we come to know abt the expiry of the contract in the trading software of nest? Higher liquidity means tighter bid ask spreads, hence impact cost is lower, hence it contributes to lesser volatility. Again when you place market order, if the stock is not liquid then the price at which you transact will be very different from the last traded price.

Hence place mkt order only in stocks which have good liquidity.

I am a trend followeri trader in nifty futures!! Could you provide me a rough estimate of my slippage cost if i trade with lots!! Slippage on Nifty futures is not my as the liquidity is extremely high. Hi Karthik, One basic question. Do we need to manually square of the Nifty future, before the end of expiry day or will it automatically gets squared of on the expiry day?

Is there anything like more STT charges for futures, like in the options, if it is ITM on expiry. Sir,kindly give me snapshots in Zerodha kite to place order for sbi futures in intra day with buying selling profit loss snapshots for my beginning in futures, still now future couldnt understand ,so pls guide me.

Check this — https: Sir, if I write CE 16 premium today and same day write PE 12 what is the margin requirement today? My another question since both CE and PE are written on same day hedging does the margin requirement decreases when compared to two only PE or CE writing. I hope I could express my doubt properly.

You can use the margin calculator here to see if there is any spread benefit for the position, check this — https: Sir If I write a PE at 6. Never enjoyed reading like this before. Thanks for your hard work. A couple of doubts: Sometimes when we are trading Nifty futures based on TA, there is a chance that a news might not come to our notice which has a huge impact on Nifty thus triggering our stoploss and ending in loss.

If you expect the index to go up, it implies you expect the overall economy to improve. Of course this is theoretical…. Having said that, check out pulse. Karthik Suppose I place a market order to buy nifty at 9: There is no guarantee as such Arun. However, I would avoid market orders as you may end up getting really bad rates.

Hi, How to do technical analysis of Nifty Stocks as i could only see the Nifty Futures in Kite, It is impossible to see the price actions or the volumes for a period of more than 2 months. Charting on Kite is super simple, check the user manual — https: Spot data should be available for over last few years.

I could do the chart for other stocks for even years. But for Nifty I could able to do charting only for two months. I trade with zerodha since jan.. Do I need basket order slice for order execute as the quantity freeze is lots. It really depends on the liquidity. If its highly liquid like Nifty futures then you need not worry about slippage…but if its not, then the slippage really depends upon the impact cost. You can read about impact cost in the same chapter or next I guess.

Is it not that what is being sold is bought by someone and hence they should be equal? Think about this — I may goto the vegetable market with an intention to buy 10Kgs of onions buy qty is 10Kgs …. So naturally there is a mismatch in buy and sell qty, likewise in the stock market.

I have two questions but before I ask them I wanted to thank you for putting in all the effort in this source material, its simple brilliant. For every one point movement in Nifty, you end up making or losing Rs. IN that scenario can one take one lot of nifty at current price and add one more lot if it goes down to without worrying when it will bounce. And on one fine day whenever market is up at we square it off……till such time keep it rolling. Does it make sense……pls guide.

Hence, I would not advice this strategy unless and until you have deep pockets to incur all the M2Ms. What would be the ideal stop loss if I am trading 1 lot of Bank Nifty on 5 minute time frame? You cannot force fit a stop loss on any trade. This is a rigid practice. Stoploss should come by naturally for a given trade. I understand I cannot force fit a stop loss on any trade and it should come naturally for a given trade. I was asking in terms of tick value and tick size.

If I was trading 1 lot of Bank Nifty at and my stop loss was at , and I got stopped out at what would be the loss based on tick value and tick size for Bank Nifty? I can see that the nifty lot is 75 instead of Do they keep changing it and if yes, why do they change it? How can I be informed of such lot size changes? Yes, lot sizes are reviewed and changed if required periodically. NSE aims to keep the contract value constant, but as price changes so would the contract value.

This is when NSE decides to either increase or decrease the contract size. Or because it is a very liquid script it will get executed exactly at ?

One cannot expect an exact price when its a market order. However, when the impact cost is low higher liquidity the execution will be near the desired value.. At what time, at the end of the day i. Can I do that? How could I add bank nifty with them? Waiting for your reply. Sir if we buy nifty future current month 1 lot then sir our order is executed at market price or its execute above 10 points from pi software.

Depends on the order type — limit order restricts to purchase to the price you want to buy at.. However, even if you place a market order on Nifty, it is unlikely you will get 10 points higher. If I want to trade nifty futures, how do I do it in spot nifty without volumes. Only the nifty futures have the volumes.

So can I do the analysis in nifty futures itself. The overall market volume data provided by the exchanges is equivalent to the volumes data. Sir I wish to know if we can place Lots of nifty options in one go in a single order. Is this permitted by the exchange? No, in one shot you can place an order for lots. So if you wish to buy lots, then you will have to place 5 orders…i. Hi Karthik, I am an existing Zerodha customer and wanted to know if it si possible to trade Nifty derivative via Kite platform.

Of course you can. Check the schedule here — https: Thanks for Karthik for the support. So far, I hv no clue of it. Could you please let me know if we have IOS version PI Software. Great materials Karthik — much appreciated.. I have 2 questions, can you please help me in understanding? May be for trades a day? Rest of the things are usually driven by the trade itself.

Its highly personalized to you trading account and trading temperament. Sir …if my directional view on nifty or on any stock is bullish.

Niftystrategies

But remember futures is a very straightforward instrument…options are not. Is there any way to find out if it is going to be trending day of a choppy day? Today for the first time I was going to trade in Nifty Future.

But a lot of issues are now arising which I have not faced even 2 months before. Right now I am not able to re-login. Price was not updated properly when I logged in. After some time I was able to re-log in. But now I am facing the same problem again…….

Right now both interactive and broadcast signals are green. But Nifty future chart as well as share prices are not updating. I am facing this issue since 3 weeks.

Definitely you do have problems with Pi. I have already informed you regarding this. But I was outside of my residence when you called me. You may call me right now as I am sitting in front of my computer.

Please do the needful as soon as possible. I am unable to take any position in Nifty Future. Sent email with attached file. Now I am waiting for your response. Hi I have a question If today difference between underlying and future of near month is 35 points On expiry will necessarily difference be zero Please answer Thanks.

Hi, Sometimes, especially in the last week, why is the value of nifty futures less than the nifty 50 indx. Yes, it will converge on the day of the expiry.

However, during the series, it is purely the outcome of demand and supply. Hi If i want to short Nifty at current price not in futures , is it possible in kite. If yes, please tell me how to reach at that interface. We are having a live DEMO online on kite and other things at 2: Demo link will appear here — https: There will be impact cost in all trades.

On which assets one should trade more liquid or more volatile? In case of volatility we can expect better profit then why to buy liquid stocks? Keep this as a benchmark. It will be better not to place market order if there is high volatility? Which type of order would work best in case of high volatility? Does this mean that nifty should be in tight range this month as people have shorted nifty in a narrow upper and lower range which may would result in a small range of series.

Or it has a different meaning? Can you please explain? No, at the end of the series, the futures and spot tend to converge. Either the Nifty drops to catch up with spot or the spot increases to Fut…but eventually they converge.

CHAPTER 9 The Nifty Futures. February 19, at 6: February 19, at 5: February 20, at 7: February 21, at 6: February 27, at 3: February 27, at 7: May 4, at May 4, at 2: February 19, at 8: February 19, at February 21, at February 23, at 7: February 23, at 9: February 25, at 5: February 23, at February 24, at 8: How are buy signal and sell signal generated by the software system? February 24, at 2: Sorry for the delay, have posted my reply. February 25, at 3: February 25, at 9: July 26, at 2: July 27, at 5: February 25, at February 26, at 7: February 27, at 5: February 26, at 8: SIR, WHEN WILL BE REMAINING CHAPTERS ARE UPLOADED.

We just have 2 more chapter in Futures trading, will try and wrap it up this week. February 26, at February 27, at 2: February 27, at 9: Hopefully that should help, good luck with that.

March 1, at March 2, at 5: March 12, at 8: March 30, at 9: March 31, at 4: If you hold till expiry the exchange will settle the trade for you, so no worries. April 1, at 8: April 2, at 3: April 18, at 8: April 19, at 2: April 19, at 7: April 19, at April 20, at 6: April 23, at 6: April 22, at 9: April 23, at 7: April 23, at 5: April 24, at 6: April 29, at April 30, at 5: May 7, at 6: May 8, at 4: Probably NSE and your broker may know this but certainly not other market participants.

June 6, at 2: June 8, at 1: June 15, at 3: Sir suppose I m selling nifty on intraday or for a week then I have to buy also for settlement. June 16, at 4: June 22, at 5: June 23, at 5: July 6, at 2: July 7, at 5: July 7, at 6: July 8, at 6: February 11, at Sir, I wish to know, if I can place lots of nifty options at one go in a single order??

February 12, at July 13, at July 14, at 5: July 14, at July 15, at 5: August 10, at 1: August 11, at 5: August 14, at 7: August 14, at 4: October 29, at October 30, at 8: October 30, at 4: October 31, at 1: October 31, at 3: November 1, at 6: November 2, at 5: You can trade Sensex futures. Yes, you can do this. No issues with that. November 17, at 7: November 19, at 5: From NSE website — The gross open position for each client, across all the derivative contracts on a underlying, should not exceed: November 21, at 5: November 22, at 3: December 12, at December 13, at January 29, at 7: Hi Karthik, First of all let me thank you for your efforts in making such a complex subject in such a simple and easy to understand modules.

January 30, at 6: February 3, at 5: Hi Karthik, Thanks for this helpful material! February 3, at 6: March 4, at April 7, at 1: April 8, at 6: April 22, at April 23, at 1: May 20, at 3: May 20, at 7: Futures is not a problem, you could let it expire and the exchanges will settle this for you.

Best Buy Sell Signal Software Nifty,BankNifty,Futures,Mcx

May 21, at 6: Your writings are superb…. May 22, at 5: Happy to know that Vignesh. July 3, at 3: July 4, at July 26, at 9: July 27, at July 27, at 3: July 28, at 6: July 29, at 4: July 29, at 6: Glad to know you are enjoying the content here! August 3, at 3: August 4, at August 6, at August 7, at 9: August 7, at 8: August 8, at You must be looking at futures data. Nifty Index is available for several years. August 15, at 4: August 16, at August 31, at 6: September 1, at September 22, at 2: September 24, at 8: Thanks for the kind words Anand.

Yes, you can as long as you have a valid trading account. November 19, at November 20, at December 1, at 6: December 2, at December 2, at 4: December 3, at December 15, at 8: December 16, at The changes would be communicated through your broker.

December 24, at December 25, at 8: Nope, order would have been executed. Yes, this does make sense especially when the volatility is high. December 27, at 4: December 28, at January 3, at 7: January 4, at January 4, at 4: January 5, at January 21, at January 23, at February 1, at 3: February 2, at 9: February 15, at 8: February 16, at 7: February 21, at 9: February 22, at February 22, at 5: No, not available on IOS yet.

March 4, at 2: March 6, at March 6, at 6: March 17, at 1: March 18, at 2: March 25, at March 25, at 7: Candlestick patterns usually gives you a sense of this. Just look at it on an EOD basis. April 3, at April 19, at 4: April 20, at 9: Yes, on expiry both the underlying and spot converges, drawing the difference to zero. April 24, at April 24, at 3: April 25, at 6: April 26, at May 6, at 5: May 6, at 7: May 6, at 8: May 7, at 4: In which case should we calculate impact cost and round trip?

June 1, at 5: June 1, at June 2, at 9: June 4, at 6: Good luck, and happy learning! Click here to cancel reply. Chapter 9 Futures Trading.

Futures Trading Chapters CHAPTER 1: Background — Forwards Market CHAPTER 2: Introducing Futures Contract CHAPTER 3: The Futures Trade CHAPTER 4: Margin Calculator Part 1 CHAPTER 7: Margin Calculator Part 2 CHAPTER 8: All about Shorting CHAPTER 9: The Nifty Futures CHAPTER The Futures Pricing CHAPTER Hedging with Futures CHAPTER X Open a Zerodha account.