Hi Santosh,
First to answer your questions as best as i can,
Cost of carry would be expenses incurred while a position is being held. Eg. Interest on securities etc.
Open Interest would be the number of f n o contracts that have not yet been exercised / expired / squared off.
You can square off a futures contract at any time after initial position is taken.
There is no harm in intra day trading in f n o as long as :
You have a trading system in place.
A sound knowledge of T. A.
Discipline, discipline, discipl....
Regds and trade well
First to answer your questions as best as i can,
Cost of carry would be expenses incurred while a position is being held. Eg. Interest on securities etc.
Open Interest would be the number of f n o contracts that have not yet been exercised / expired / squared off.
You can square off a futures contract at any time after initial position is taken.
There is no harm in intra day trading in f n o as long as :
You have a trading system in place.
A sound knowledge of T. A.
Discipline, discipline, discipl....
Regds and trade well