A futures contract is a forward contract John Wall Jersey , which is traded on an Exchange. Bank Nifty futures contract would be based on the index Bank Nifty where the underlying index is Bank nifty. It comprises of most liquid banking stocks listed on National stock exchange. So this particular index provides trader, investor and market intermediaries with a benchmark that captures the capital market performance of Indian Banks. The bank nifty index comprises of 12 (private and public) most liquid stocks from banking sector which trade on National Stock Exchange.
Like the Nifty future trading in national stock exchange, Bank nifty future can be traded on NSE. Those who know Bank Nifty Trend is bullish can buy Bank Nifty futures comprising 40 shares. Bears or those who thinks Trend is in bearish mode, they can short sell bank nifty. First you have to know the trend of bank nifty by Technical Analysis and news which is updated daily on 鈥淏ank Nifty Trend鈥?so that you can make a trading strategy Washington Wizards Jersey , weather to buy 鈥淐all or Put Option鈥? In case of bullish Trend trader can buy a 鈥淐all Option鈥?and in case of bearish trend one can buy a 鈥淧ut Option鈥? Here one can find daily Technical analysis, technical trend of bank nifty, support, and resistance of bank nifty and financial news which can affect its trend. Individual banking stocks trend can be known from bank nifty trend as it comprises of an index of banking stocks.
Contracts
Bank Nifty future contracts have a maximum of 3-month trading cycle- The near month (1) Donovan Mitchell Jersey , the next month (2) and the far month (3). Anew contract is introduced on the trading day following the expiry of the near month contract. Then the new contract will be introduced for three month duration. In this way, at any point of time there will be 3 contracts available for trading in the market. The price step in respect of Bank nifty Future contracts is Rs.0.05.
Expiry
Same as Nifty future contract, Bank nifty Future contracts expire on the last Thursday of the expiry month. If last Thursday is a trading holiday, the contracts expire on the previous trading day.
Base price and Price bands
Base price of Bank Nifty futures contracts on the first day of trading would be theoretical futures price. The base price of the contracts on subsequent trading days would be the daily settlement price of the futures contracts.
Price bands
There is no day minimum or maximum price ranges applicable for Bank nifty futures contracts. However Rudy Gobert Jersey , in order to prevent erroneous order entry by trading members, operating ranges are kept at +- 10 %. In respect of orders which have come under price freeze, members would be required to confirm to the Exchange that there is no inadvertent error in the order entry and that the order is genuine. On such confirmation the Exchange may approve such order.
Beta of Bank Nifty is more than Nifty, so it is more volatile than Nifty. Most technical trader generally tracks Bank Nifty Trend to monitor the banking stock performance.
Mr. Arthur Jackson Mike Conley Jersey , Technical Analyst and Founder of Nifty Trend providing trading advisory services in Bank Nifty Trend, Equity, Derivatives and Commodity market. He also made a guest appearance in various workshops which were conducted on stock market awareness.
Total Views: 169Word Count: 543See All articles From Author Bison has been in the business of constructing trailers since 1984. Their success attracted the attention of the Monaco Coach Corporation and late in 2005 Monaco acquired Bison. Monaco Coach Corporation was started in 1968 to design and build motor coaches. The company has been growing ever since. Monaco is headquartered in Colburg, Oregon but has factories located in Indiana. Bison Trailers has always been located in Milford Karl Malone Jersey , Indiana. It seemed an ideal merger for both companies. After the acquisition the focus of Bison was turned toward manufacturing aluminum horse trailers with living quarters. The greater share of their production is now their four lines of aluminum horse trailers about 75 of which include living quarters.
Bison has since successfully introduced several innovations such as the true flush floor slide out system. One of the most popular models now sold is the Alumasport. This aluminum over steel built trailer has all the amenities found in the more expensive horse trailers offered by competing companies. Some standard features included at no additional cost include:
* Aerodynamic stainless steel nose * Stainless steel rear doors * Pre finished Aluminum Skin * Aluminum camper step with lighted grab handle * Seamless one piece aluminum roof * Drop down feed windows * Escape door * Dual LP tanks * 18,000 BTU furnace * Skylight in shower * Counter top burners * Refrigerator * Bridle hooks * Blanket bars * Built in step for carpeted gooseneck
Padded refrigerator doors were introduced in 2008 along with heavy duty doors and windows. For the horses there are improved chest and butt bars. For ease of use hydraulic jacks with electric jacks on the larger units. For comfort a 15,000 BTU air conditioning unit can be installed on the roof. For winding down at the end of the day after settling the horses, a 20 swing out tv. As you can perceive John Stockton Jersey , nothing about the Alumasport or the newest offering, the Stratus, is spartan.
The high status of the Bison Horse Trailer Company was evidenced at the Horse Expo in Denver, Colorado when the Stratus was introduced to the public. The horse people who were comparison shopping received it favorably. The general consensus was that the Stratus was priced $10 Utah Jazz Jersey ,000 to $20,000 lower than similarly equipped models sold by competing companies. Obviously that amount of savings will buy quite a few bales of hay!