Selective Trading:
This Service provides Day Trading signals for Nifty Futures, Bank Index Futures and five different stock futures. These signals are designed for intra day trades. There is not carry forward of positions, thus eliminating overnight risk.
While we provide signals for seven futures, the signals do not come together. On an average, for all the futures, four signals are given for any trading day.
This is an average,therefore there may be many days on which one or two signals are given, and some days on which more than four signals are given. The signal is given with information to buy / sell and comes with a stop loss. When the trade is to be closed, a fresh SMS is issued asking the trader to close the trade. In all cases, the trades are closed by 3:20 PM and positions are not carried forward. A simulated performance for trading all the seven futures is given here. The lot size for each future in the simulation is mentioned.
Please remember, you will not be trading all of the futures at the same time. This means, your risk & exposure is limited. Based on the simulation, after deducting brokerage costs and slippage, the trading gives a theoritical profit of Rs 18 lakhs over a one year period from 1.8.2007 to 31.7.2008.
Recommended lot size for trading are:
| Scrip Name | Volume |
|---|---|
| NIFTY | 100 |
| RELCAPITAL | 138 |
| DLF | 400 |
| TATASTEEL | 382 |
| BANKNIFTY | 100 |
| L&T | 100 |
| PUNJLOYD | 750 |
| Script | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|
| Nifty | 508 | 339 | 159 | 24 | 248 | 528 | 238 | 189 | 301 | 126 |
| BankNifty | 869 | 62 | 1200 | 566 | -35 | 691 | -443 | 1191 | 197 | 504 |
| Educomp | 1871 | 741 | 862 | 133 | 11 | 299 | 156 | 37 | 270 | 1281 |
| RelCap | 255 | 230 | 389 | 80 | 251 | 34 | 201 | 145 | 45 | 54 |
| DLF | 82 | 13 | 35 | 110 | 46 | 39 | 48 | 51 | 37 | 46 |
| LT | 71 | -1 | -15 | 82 | 41 | 125 | 123 | 94 | 35 | 116 |
| SBI | -83 | 138 | 87 | 82 | 7 | 134 | -15 | 363 | 211 | -94 |
| Tata Steel | 26 | 110 | 4 | 33 | -1 | 204 | 57 | 90 | 26 | -3 |
| Punjloyd | 35 | 44 | 58 | 17 | 42.3 | 48 | 22 | 23 | -11 | 62 |
| RNRL | 41 | 17 | 12 | -10 | 3 | 25 | 1 | -2 | -2 | 3 |
The performance is calculated after deducting brokerage, STT, other costs and slippage. This is taken as Rs 3/- for Nifty, Rs 7/- for Bank Nifty, Rs 5/- for Educomp, Rs 1/- for Reliance Capital, Rs .40/- for DLF, Rs 3/- for Lt, Rs 3/- for SBI, Rs 1/- for Tata Steel, Rs .30/- for Punjloyd & Rs .20/- for RNRL.