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  indian indices expiry days - which index which expiry day
Posted by: Harpreet - 19-01-2024, 12:01 PM - Forum: Stock News - Replies (2)

indian indices expiry days - which index which expiry day

nifty 50 weekly expiry day - Thursday of every week
nifty 50 monthly expiry day - last Thursday of every month

With the current revision, all expiries for Bank Nifty contracts will be on Wednesdays

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  Buy ABBOTINDIA - 26000 CE
Posted by: Harpreet - 11-01-2024, 05:31 PM - Forum: Futures and Options - Replies (1)

Buy ABBOTINDIA - 26000 CE
Jan CE is risky


jan ce cmp is 250

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  MobiKwik IPO relisted
Posted by: Harpreet - 06-01-2024, 12:32 PM - Forum: Stock News - No Replies

One MobiKwik Systems - the parent company of fintech firm MobiKwik - on Friday filed a fresh draft red herring prospectus with Sebi to raise Rs 700 crore

more info at https://timesofindia.indiatimes.com/busi...586032.cms

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  Bajaj Finance's digital FD with rates up to 8.85%
Posted by: Vinod - 03-01-2024, 09:04 PM - Forum: Stock News - No Replies

Bajaj Finance's digital FD with rates up to 8.85%
read more : https://www.moneycontrol.com/news/busine...94121.html

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  Inox India stock lists at 43% premium over IPO price
Posted by: Vinod - 21-12-2023, 03:05 PM - Forum: Stock News - No Replies

Inox India stock lists at 43% premium over IPO price

https://www.moneycontrol.com/news/busine...37131.htmlread more :

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  what are the best divident paying stocks for 2024
Posted by: Harpreet - 01-12-2023, 11:28 PM - Forum: Stock Research - No Replies

what are the best divident paying stocks for 2024

i know ongc and bpcl are one of them

#ongc
#bpcl

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  Example using the Backtrader library in Python for backtesting purpose
Posted by: Sapna Mukherjee - 12-11-2023, 12:35 AM - Forum: Strategies and Indicators - No Replies

Code:
import backtrader as bt

class VolatilityBreakoutStrategy(bt.Strategy):
    params = (
        ("volatility_threshold", 1.5),  # Adjust based on historical volatility
        ("stop_loss", 0.02),
        ("take_profit", 0.04),
    )

    def __init__(self):
        self.volatility_threshold = self.params.volatility_threshold
        self.stop_loss = self.params.stop_loss
        self.take_profit = self.params.take_profit

        self.atr = bt.indicators.AverageTrueRange(self.data, period=14)

    def next(self):
        if self.atr[-1] < self.volatility_threshold * self.atr[-14]:
            # Volatility is low, potential breakout
            if self.data.close > self.data.close[-1]:
                # Buy signal (long)
                self.buy()
        elif self.position:
            # Check for stop-loss or take-profit conditions
            self.sell()

if __name__ == "__main__":
    cerebro = bt.Cerebro()

    data = bt.feeds.YahooFinanceData(dataname="AAPL", fromdate=datetime(2022, 1, 1), todate=datetime(2023, 1, 1))
    cerebro.adddata(data)

    cerebro.addstrategy(VolatilityBreakoutStrategy)
    cerebro.run()
    cerebro.plot(style="candlestick")
volatility breakout strategy simplified example using the Backtrader library in Python for backtesting purposes

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  A volatility breakout strategy is a trading strategy that aims to capitalize on price
Posted by: Chethan - 12-11-2023, 12:31 AM - Forum: Strategies and Indicators - No Replies

A volatility breakout strategy is a trading strategy that aims to capitalize on price movements following periods of low volatility. Traders employing this strategy anticipate that periods of low volatility will be followed by periods of high volatility, leading to significant price movements. Here is a basic outline of a volatility breakout strategy:

Strategy Overview:
Identify the Market Conditions:

Monitor a financial instrument (e.g., a stock, currency pair, or commodity) to identify periods of low volatility. Low volatility is often characterized by narrow price ranges and reduced price fluctuations.
Determine the Volatility Threshold:

Set a threshold to define when volatility is considered low. This threshold can be based on historical volatility measures, such as the average true range (ATR) or Bollinger Bands.
Wait for a Breakout:

When the price breaks above or below the defined volatility threshold, consider it a signal for a potential breakout. This breakout suggests that the market may be entering a period of increased volatility.
Confirm Breakout:

Implement additional criteria to confirm the breakout. This could include volume analysis, momentum indicators, or other technical indicators to validate the strength of the breakout.
Place Entry Order:

Place a market order or a stop order to enter the trade in the direction of the breakout. Some traders prefer to wait for a pullback after the breakout before entering to get a better entry price.
Set Stop-Loss and Take-Profit Levels:

Implement risk management by setting stop-loss orders to limit potential losses and take-profit orders to secure profits. The levels for stop-loss and take-profit can be determined based on technical analysis, support/resistance levels, or risk-reward ratios.
Adapt to Changing Conditions:

Periodically reassess market conditions and adjust the volatility threshold or other parameters of the strategy as market conditions evolve.

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  Difference between "Futures" and "Options"
Posted by: Harpreet - 06-11-2023, 12:32 AM - Forum: Futures and Options - No Replies

"Futures" and "Options" are financial derivatives that provide individuals and institutions with tools for hedging, speculating, and managing risks in the financial markets. They are commonly used in the world of finance and trading. Here's an overview of what futures and options are:

**Futures:**

1. **Definition:** A futures contract is a standardized financial contract between two parties that obligates one to buy and the other to sell a specific asset (such as a commodity, currency, stock index, or interest rate) at a predetermined price on a specified future date.

2. **Obligations:** Both parties are obligated to fulfill the terms of the contract when it expires. This means that the buyer must buy, and the seller must sell the underlying asset at the agreed-upon price, regardless of the asset's market price at the time of expiration.

3. **Market Purpose:** Futures contracts are often used for hedging or speculating. For example, a wheat farmer may use a wheat futures contract to lock in a price for their crop, reducing the risk of price fluctuations. Speculators use futures to profit from price changes without owning the actual asset.

4. **Leverage:** Futures contracts are highly leveraged, meaning you can control a large amount of the underlying asset with a relatively small initial investment, which can amplify both gains and losses.

5. **Standardization:** Futures contracts are standardized in terms of contract size, quality, expiration date, and other specifications. This standardization ensures liquidity and ease of trading on organized exchanges.

6. **Settlement:** Futures contracts can be physically settled (delivery of the actual asset) or cash-settled (payment of the price difference). Many contracts are cash-settled.

**Options:**

1. **Definition:** An options contract provides the holder (buyer) with the right, but not the obligation, to buy (call option) or sell (put option) a specific underlying asset at a predetermined price (strike price) within a specified time period.

2. **Rights, Not Obligations:** Unlike futures, options give the holder the right to buy or sell the underlying asset, but they are not obligated to do so. The seller (writer) is obligated to sell or buy if the holder chooses to exercise the option.

3. **Market Purpose:** Options can be used for hedging, income generation, and speculation. They are versatile instruments that can be applied in various market conditions.

4. **Leverage:** Options contracts also offer leverage, allowing investors to control the price movement of the underlying asset with a smaller initial investment.

5. **Types of Options:** Options come in two primary forms:
  - **Call Option:** Gives the holder the right to buy the underlying asset at the strike price.
  - **Put Option:** Gives the holder the right to sell the underlying asset at the strike price.

6. **Expiration Dates:** Options have expiration dates, after which they become worthless if not exercised. They can be classified as short-term (weekly or monthly) or long-term (quarterly or annually).

7. **Premium:** The buyer of an option pays a premium to the seller (writer) for the rights embedded in the contract.

In summary, futures are contracts that obligate both parties to buy and sell an asset, while options provide the holder with the right to buy or sell but not the obligation. Both derivatives are used for various financial purposes, including risk management, speculation, and income generation, and they are integral to modern financial markets.

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  best strategy with Donchian Channels
Posted by: Harpreet - 01-11-2023, 10:52 PM - Forum: Strategies and Indicators - No Replies

Donchian Channels are a technical analysis tool used in trading to identify potential breakout or trend-following opportunities. They consist of three lines: the upper channel (highest high over a specified period), the lower channel (lowest low over the same period), and the midline (the average of the upper and lower channels). Traders often use Donchian Channels to identify breakout points or to set stop-loss and take-profit levels. Here are a few common trading strategies using Donchian Channels:

1. **Breakout Strategy**:
  - **Entry:** Buy when the price crosses above the upper Donchian Channel or sell short when the price crosses below the lower Donchian Channel.
  - **Exit:** Set a stop-loss below the lower channel when buying or above the upper channel when selling short. Take profit when the price reaches a predetermined target.

2. **Dual Donchian Channels**:
  - Use two sets of Donchian Channels: a longer-term channel and a shorter-term channel.
  - **Entry:** When the price crosses above the upper channel of the shorter-term Donchian Channel, and the price is above the upper channel of the longer-term Donchian Channel, consider a long entry.
  - **Exit:** Use the same principles for short entries but in reverse.

3. **Donchian Channel Trend Following**:
  - **Entry:** Buy when the price is above the midline, indicating an uptrend. Sell short when the price is below the midline, indicating a downtrend.
  - **Exit:** Use additional technical indicators, such as moving averages or oscillators, to confirm trend direction and decide when to exit.

4. **Volatility Breakout Strategy**:
  - Calculate the Average True Range (ATR) to measure market volatility.
  - Adjust the Donchian Channel width (the number of periods) based on the ATR. Wider channels for higher volatility and narrower channels for lower volatility.
  - **Entry:** Buy when the price crosses above the upper channel or sell short when the price crosses below the lower channel.
  - **Exit:** Use a trailing stop or a set percentage-based stop.

5. **Filter with Moving Averages**:
  - Combine Donchian Channels with a moving average.
  - **Entry:** Buy when the price crosses above the upper channel and the moving average (e.g., 50-period) is sloping upward, indicating an uptrend. Sell short when the price crosses below the lower channel and the moving average is sloping downward, indicating a downtrend.
  - **Exit:** Use the moving average to confirm trend direction and set stop-loss and take-profit levels.

6. **Channel Width Filter**:
  - Measure the width of the Donchian Channels to assess market volatility.
  - **Entry:** Buy when the channel width is expanding (indicating increased volatility) and sell short when the channel width is contracting (indicating decreased volatility).
  - **Exit:** Use other indicators or patterns to confirm the trade direction and set exit points.

It's important to backtest and practice these strategies with paper trading or a demo account to understand their performance under various market conditions. Additionally, risk management and proper use of stop-loss orders are essential when implementing any trading strategy.

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