Nifty future is most popular futures contract traded on NSE (National stock exchange), traders usually make 25 points in intraday trade (day trading). So a intraday nifty future trader can make about Rs.20,000 per month, here is how. Let us assume that a trader make 25 points in intraday trading, suppose he trades 8 sessions only out of 22 trading session in a month. In intraday trading you also require less margin, most of brokerages offer intraday nifty trade for minimum margin of about Rs.15,000 so a trader can trade 2 lots of nifty future for Rs.30,000. Now total points is 25*8 = 200 points, total number of lots being traded = 2 lots (100 quantity). Simple math for calculating total profit is 200*100= Rs.20,000 just by trading nifty future for 25 points gain anyone can make a living at least in India. However you must take help of technical analysis to make this trading a better and profitable.
About Bhaveek PatelBhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.
Hello Bhaveek!
I want to learn how to trade in futures with example, have you written anything on it on your blog?
Thank you.
i want to know what is the total margin required for holding nifty position for overnight (long)
I thinks it is round about 30000
You have not take calculations of brokerage, ST, STT and impact cost for calculations. Also a trader ever thinks of making money for living, he always thinks of making a fortune…
It starts with living and the grows to fortune.
Hi Bhaveek.. I read your tips under you should read this regarding Which Strike Price to select.. But right now m unable to find the same.. Can you just forward me way to reach their again
traders should trade long on stock at the current market price of 201, with an intraday target of 205.
Thanks for shedding light on how traders across India earn a living from trading Nifty future contracts. Your exploration of this topic provides valuable insights into the strategies and practices employed by traders in this market. Keep up the informative content!