Daily Nifty 50 Report
6
07.8.2015
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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.
Transcript of Daily Nifty 50 Report
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07.8.2015
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STRATEGY FOR NIFTY IS TO BUY ABOVE 8622 AND TO BOOK PROFIT AROUND 8652 AND 8682 WITH SL OF 8590
STRATEGY FOR BANK NIFTY IS TO BUY ABOVE 19110 AND TO BOOK PROFIT AROUND 19160 AND 19210 WITH SL OF 19060
+86.45 +0.45 19102.00 +86.45
+21.25
+0.25 8613.90
+21.25
NIFTY UP PERCENTAGE CLOSES AT NIFTY CLOSED UP BY
BANK NIFTY UP PERCENTAGE CLOSES AT BANK NIFTY CLOSED UP BY
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8572
8525
8599
8635 8675
BULLISH
BULLISH
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LICHSGFIN BUY 521 530 511
DLF BUY 121.4 123 120
TECHM 526 517 541 550 561
LT 1793 1754 1816 1855 1878
