NIFTY Futures Mechanical Trading

[madhava36]

The calculations are correct. we were long since 9th july at 4072. on 10th july, future were closed at 4146.15. so profit was 1549.00+74.15=1623.15.
whatever you said "+1689.05 (1614.90+74.15)" is not correct. we can not use 1614.90 as it is MTM profit & keeps changing daily depends on close till we change our position. so we have to use our profit as 1549.00 i.e. net profit before we initiated out last position.

Vinod
-----------------------------------------------------------------------------------
Thanks for clearing my misunderstanding.
My question was hasty-( without reading the thread from beginning and understanding the same).
I have troubled you unnecessarily and wasted your valuable time.
Please accept my apologies.
Thanks.

madhava36

 

[raj567]

what a stupid question??? Nifty and mini nifty both are the same only lot size differs.

my question may seems to be stupid to you ,as you are expert but for me it is ok i am new to share market.it is irony that in place of helping newcomers you are giving ratings to their queries.good job done

 

[justnifty]

Hey Vinod,

Very Many Happy returns of the day... I hope we are invited to your birthday party!!

JustNifty

 

[pravinaca]

Hi Vinodji,

Many happy returns of the day.


Pravin

 

[kvram]

VINODJI MANY MAHY HAPPY RETURNS OF THE DAY happy to add my birth day also same make me more happy.

 

[lalpar]

Very happy Return of the Day Vinodji..May God Bless You!!!

 

[wronsine]

Many Many Happy Retuns of the day and millions of wishes
Happy Birthday

 

[nadodav]

Dear All,

Thank you very much all of you.

Vinod

 

[nadodav]

NIFTY FUTURE For July 15,

Current position : SHORT (at 4072 on 11/07/2008)

Nifty Fut Closed at : 4027.30

Profit/Loss in current trade : +44.70 (as per last closing price)
Net Profit/Loss since thread started : +1593.70 (1549.00+44.70)

Support : 3995
Resistance : 4097

Hold SHORT position with SL 4097. If trades above 4097, exit SHORT & go LONG with SL 3995.

Happy Trading.

Vinod

 

[arjit]

Dear Vinod,Wish you a very happy birthday.May God bless you and give you long and healthy life.