What is the minimum amount required to trade in bank nifty?

Contract size The value of the futures contracts on BANKNIFTY may not be less than Rs. 5 lakhs at the time of introduction.

How much money is required for option buying?

For trading in options, you need to have at least Rs. 1.5 Lakhs to Rs. 2 Lakhs in your account. Use the Add Funds/ Withdraw option if you have insufficient funds for options trading.

How much money do I need to buy bank nifty futures?

BankNifty current price 23600 * current lot size 40 = 9, 44,000/- is total value of 1 future contract. Currently, exchange set 8\% margin for bank nifty future contract so money required to buy or sell 1 bank nifty future lot will be 8\% of 9, 44,000/- which comes at +75,520/- rupees.

Can we do intraday in bank nifty?

You can do the intraday option trading in both the nifty and bank nifty. The process for the trading in the intraday option trading is similar as you do the trading in intraday option trading for any stock specific.

How can I trade intraday in Bank Nifty?

On an intraday basis, you can swap nifty or stock options. A trader must open a bet at the start of the market day and close it before the end of the market day.

How do I trade in Banknifty intraday?

This bank nifty option strategy applies only to intraday trading. First, Chart a 5 min Candle Chart in your charting software. Next you have to pick the point at which you will commence your strategy. You must either pick a point wherein the first two candles are either both bullish or both bearish.

Can I start option trading with 1000 rupees?

On Indian stock exchanges, the stocks can trade at any price between Rs 1 to 10,000 or above. If you wish, you can buy stocks even with share price of Rs 10 or lesser. Overall, you do not need a huge amount of money to start trading in India.

How is Bank Nifty contribution calculated?

The Bank Nifty Index is computed using free-float adjusting market capitalization with base date of Jan 1, 2000 indexed to base value of 1000. The Index level directly reflects the value of all the stock of that Index.

How Can I Trade Bank nifty options intraday?

Strategy #1 This bank nifty option strategy applies only to intraday trading. First, Chart a 5 min Candle Chart in your charting software. Next you have to pick the point at which you will commence your strategy. You must either pick a point wherein the first two candles are either both bullish or both bearish.

How does intraday choose stock options?

To choose the best stocks for intraday trading, most traders will find it beneficial to look at equities or ETFs that have at least a moderate to high correlation with the S&P 500 or NASDAQ indexes. Then, isolate those stocks that are relatively weak or strong compared to the index.