Lot Size of Stock Futures in MCX -SX

Following is the list of stocks that will be available for trading in F&O segment:

Underlying	Symbol	Lot Size
ADITYA BIRLA NUVO LIMITED	ABIRLANUVO	250
ACC LIMITED	ACC	250
ADANI ENTERPRISES LIMITED	ADANIENT	2000
ADANI PORT & SEZ LTD	ADANIPORTS	2000
ADANI POWER LTD	ADANIPOWER	8000
ALLAHABAD BANK	ALBK	2000
AMBUJA CEMENTS LTD	AMBUJACEM	2000
ANDHRA BANK	ANDHRABANK	4000
APOLLO TYRES LTD	APOLLOTYRE	4000
ARVIND LIMITED	ARVIND	4000
ASHOK LEYLAND LTD	ASHOKLEY	9000
ASIAN PAINTS LIMITED	ASIANPAINT	125
AUROBINDO PHARMA LTD	AUROPHARMA	2000
AXIS BANK LIMITED	AXISBANK	250
BAJAJ AUTO LIMITED	BAJAJ-AUTO	125
BANK OF BARODA	BANKBARODA	500
BANK OF INDIA	BANKINDIA	1000
BATA INDIA LTD	BATAINDIA	250
BHARAT FORGE LTD	BHARATFORG	1000
BHARTI AIRTEL LIMITED	BHARTIARTL	1000
BHEL	BHEL	1000
BIOCON LIMITED.	BIOCON	1000
BHARAT PETROLEUM CORP LT	BPCL	1000
CAIRN INDIA LIMITED	CAIRN	1000
CANARA BANK	CANBK	1000
CENTURY TEXTILES LTD	CENTURYTEX	1000
CESC LTD	CESC	1000
CHAMBAL FERTILIZERS LTD	CHAMBLFERT	4000
CIPLA LTD	CIPLA	1000
COAL INDIA LTD	COALINDIA	1000
COLGATE PALMOLIVE LTD.	COLPAL	250
CROMPTON GREAVES LTD	CROMPGREAV	2000
DABUR INDIA LTD	DABUR	2000
DENA BANK	DENABANK	4000
DISH TV INDIA LTD.	DISHTV	4000
DIVI'S LABORATORIES LTD	DIVISLAB	250
DLF LIMITED	DLF	1000
DR. REDDY'S LABORATORIES	DRREDDY	125
EXIDE INDUSTRIES LTD	EXIDEIND	2000
FEDERAL BANK LTD	FEDERALBNK	500
GAIL (INDIA) LTD	GAIL	1000
GMR INFRASTRUCTURE LTD.	GMRINFRA	10000
GODREJ INDUSTRIES LTD	GODREJIND	1000
GRASIM INDUSTRIES LTD	GRASIM	125
GUJARAT STATE PETRO LTD	GSPL	4000
HAVELLS INDIA LIMITED	HAVELLS	500
HCL TECHNOLOGIES LTD	HCLTECH	500
HDFC LTD	HDFC	500
HDFC BANK LTD	HDFCBANK	500
HOUSING DEV & INFRA LTD	HDIL	4000
HERO MOTOCORP LIMITED	HEROMOTOCO	125
HEXAWARE TECHNOLOGIES LTD	HEXAWARE	2000
HINDALCO  INDUSTRIES  LTD	HINDALCO	2000
HINDUSTAN PETROLEUM CORP	HINDPETRO	1000
HINDUSTAN UNILEVER LTD.	HINDUNILVR	500
HINDUSTAN ZINC LIMITED	HINDZINC	2000
INDIABULLS REAL EST. LTD	IBREALEST	4000
ICICI BANK LTD.	ICICIBANK	250
IDBI BANK LIMITED	IDBI	4000
IDEA CELLULAR LIMITED	IDEA	4000
IDFC LIMITED	IDFC	2000
IFCI LTD	IFCI	8000
INDRAPRASTHA GAS LTD	IGL	1000
THE INDIAN HOTELS CO. LTD	INDHOTEL	4000
THE INDIA CEMENTS LIMITED	INDIACEM	4000
INDUSIND BANK LIMITED	INDUSINDBK	1000
INFOSYS LIMITED	INFY	125
INDIAN OVERSEAS BANK	IOB	4000
INDIAN OIL CORP LTD	IOC	1000
IRB INFRA DEV LTD.	IRB	2000
ITC LTD	ITC	1000
IVRCL LIMITED	IVRCLINFRA	8000
JINDAL STEEL & POWER LTD	JINDALSTEL	1000
JAIN IRRIGATION SYSTEMS	JISLJALEQS	4000
JAIPRAKASH ASSOCIATES LTD	JPASSOCIAT	4000
JAIPRAKASH POWER VEN. LTD	JPPOWER	8000
JSW ENERGY LIMITED	JSWENERGY	4000
JSW STEEL LIMITED	JSWSTEEL	500
JUBILANT FOODWORKS LTD	JUBLFOOD	250
KOTAK MAHINDRA BANK LTD	KOTAKBANK	500
KARNATAKA BANK LIMITED	KTKBANK	4000
LIC HOUSING FINANCE LTD	LICHSGFIN	1000
LARSEN & TOUBRO LTD.	LT	250
LUPIN LIMITED	LUPIN	500
MAHINDRA & MAHINDRA LTD	M&M	500
MARUTI SUZUKI INDIA LTD.	MARUTI	250
UNITED SPIRITS LIMITED	MCDOWELL-N	250
MCLEOD RUSSEL INDIA LTD.	MCLEODRUSS	1000
MRF LTD	MRF	125
NHPC LTD	NHPC	12000
NMDC LTD.	NMDC	2000
NTPC LTD	NTPC	2000
ORACLE FIN SERV SOFT LTD.	OFSS	125
OIL AND NATURAL GAS CORP.	ONGC	1000
OPTO CIRCUITS (I) LTD.	OPTOCIRCUI	2000
ORIENTAL BANK OF COMMERCE	ORIENTBANK	1000
PANTALOON RETAIL (I) LTD	PANTALOONR	2000
PETRONET LNG LIMITED	PETRONET	2000
POWER FIN CORP LTD.	PFC	2000
PUNJAB NATIONAL BANK	PNB	500
POWER GRID CORP. LTD.	POWERGRID	2000
PTC INDIA LIMITED	PTC	4000
PUNJ LLOYD LIMITED	PUNJLLOYD	8000
RANBAXY LABS LTD	RANBAXY	500
RAYMOND LTD	RAYMOND	1000
RELIANCE COMMUNICATIONS L	RCOM	4000
RURAL ELEC CORP. LTD.	RECLTD	1000
RELIANCE CAPITAL LTD	RELCAPITAL	1000
RELIANCE INDUSTRIES LTD	RELIANCE	250
RELIANCE INFRASTRUCTU LTD	RELINFRA	500
SHREE RENUKA SUGARS LTD	RENUKA	8000
RELIANCE POWER LTD.	RPOWER	4000
STEEL AUTHORITY OF INDIA	SAIL	4000
STATE BANK OF INDIA	SBIN	125
SESA GOA LTD	SESAGOA	2000
SIEMENS LTD	SIEMENS	500
SINTEX INDUSTRIES LTD	SINTEX	4000
SHRIRAM TRANSPORT FIN CO.	SRTRANSFIN	500
STERLITE INDS (IND) LTD	STER	4000
SUN PHARMACEUTICALS IND.	SUNPHARMA	500
SUN TV NETWORK LIMITED	SUNTV	1000
SYNDICATE BANK	SYNDIBANK	4000
TATA CHEMICALS LTD	TATACHEM	1000
TATA COMMUNICATIONS LTD	TATACOMM	1000
TATA GLOBAL BEVERAGES LTD	TATAGLOBAL	2000
TATA MOTORS LIMITED	TATAMOTORS	1000
TATA MOTORS DVR 'A' ORD	TATAMTRDVR	2000
TATA POWER CO LTD	TATAPOWER	4000
TATA STEEL LIMITED	TATASTEEL	1000
TATA CONSULTANCY SERV LT	TCS	250
TECH MAHINDRA LIMITED	TECHM	250
TITAN INDUSTRIES LTD	TITAN	1000
UCO BANK	UCOBANK	4000
ULTRATECH CEMENT LIMITED	ULTRACEMCO	125
UNION BANK OF INDIA	UNIONBANK	2000
UNITED PHOSPHORUS LIMITED	UNIPHOS	2000
UNITECH LTD	UNITECH	10000
VIJAYA BANK	VIJAYABANK	4000
VOLTAS LTD	VOLTAS	2000
WELSPUN CORP LIMITED	WELCORP	2000
WIPRO LTD	WIPRO	1000
YES BANK LIMITED	YESBANK	1000
ZEE ENTERTAINMENT ENT LTD	ZEEL	2000

A Day In The Life Of A Financial Analyst

A Day In The Life Of A Financial Analyst

Among the more rigorous yet rewarding career options in the financial services industry is that of a financial analyst. But what, exactly, does a financial analyst do on a daily basis? The answer to that question is largely dependent upon an analyst's level of experience. While younger analysts tend to do a lot of data gathering, financial modeling and spreadsheet maintenance, more senior analysts tend to spend more of their time developing investment theses, speaking with company management teams and other investors, and marketing ideas (if they are on the sell-side). Let's take a closer look at a day in the life of a junior and senior financial analyst.

Junior Analyst: Zero to Three Years of Experience
During the first few years of an analyst's career, he or she can expect to spend the majority of his or her time gathering relevant data, updating comparison spreadsheets and financial models, and reading relevant news and industry publications. The goal of these activities is to develop a solid fundamental understanding of a particular business, sector or industry. Additionally, many younger analysts allocate a portion of their time towards studying for professional and licensing exams, such as the CFA exam (Source 3), Series 7 and Series 63 licenses. While position titles vary across firms, we use the title "junior analyst" to describe a financial analyst who has less than three years of experience.

Senior Analyst: More Than Three Years of Experience
Once a junior analyst achieves a certain level of industry expertise and develops a reasonably strong network of contacts, his or her professional responsibilities evolve into using data to develop an investment opinion. Additionally, a senior analyst spends quite a bit of time developing relationships with industry and company contacts, and marketing the team's work. Mentorship is also an important component of a senior analyst's day-to-day responsibilities.

Despite the differences in a junior and senior analyst's professional responsibilities, there are similarities in the flows of their day. Here, we present you with a day in the life of a financial analyst.

Sample Day in the Life of a Junior and Senior Analyst
5:30AM: Check Relevant NewsJunior and Senior Analyst: Check the news to see if there have been any overnight news releases related to the team's coverage universe, or if there have been any market-moving events.

6:00AM: Put Out Fires As NeededJunior Analyst: If there is relevant news on the tape, a junior analyst would normally alert the senior analyst in addition to updating relevant data files and spreadsheets.

Senior Analyst: If there is news on the tape, the senior analyst determines whether or not it affects the analyst's investment opinions, and how much action should be taken with this news. If there is no news on the tape, the senior analyst's morning may involve speaking at the firm's morning meeting, or meeting with institutional clients or members of a company's management team.

7:00AM: Morning MeetingJunior Analyst: Many sell-side and buy-side operations facilitate an internal daily morning meeting wherein the key takeaways of analysts' research are discussed. Junior analysts are typically encouraged to attend this meeting as it broadens the their knowledge base, among other benefits.

Senior Analyst: If a senior analyst is presenting an investment idea to the firm, the analyst might do so during the firm's morning meeting. Alternatively, the senior analyst might meet with clients or company management.

8:00AM: Check-In with Traders and SalespeopleJunior and Senior Analyst: Regular contact with other team members throughout the firm ensures that an analyst's ideas are well known and understood.

9:00AM to 11:00PM: Marketing, Making Connections, Work on Long-Term Projects and Maintenance Research, etc.

The ebb and flow of an analyst's daily activities depends upon factors such as the earnings calendar, the senior analyst's marketing calendar, and whether or not there are research projects in progress (there usually are).

A Rather Intensive Day May Flow as Follows: 9:00AM: Junior and Senior Analyst: Participate in team meeting with team members.

10:00AM:Junior Analyst: Update marketing slide deck in advance of senior analyst's marketing trip. Deliver deck to other team members for review.

Senior Analyst: Conference call with company management team to clarify some points regarding the company's business model and to schedule an investor visit to a distribution center. Attend internal meeting. Review logistics for non-deal roadshow.

12:00PM:Junior Analyst: Meet with mentor over lunch.

Senior Analyst: Lunch with industry contact.

1:30PM:
Junior Analyst: Prepare research note template in advance of earnings release.

Senior Analyst : Review junior analyst's work and offer constructive feedback.

2:30PM:Junior Analyst: Make recommended changes to marketing slide deck.

Senior Analyst: Call clients with latest investment ideas.

3:30PM:Junior Analyst: Review conference call transcripts and earnings release from prior quarter in advance of earnings release.

Senior Analyst: Continue to call clients; check in with trading desk regarding unusually high trading volume in a particular stock.

5:00PM:
Junior Analyst: An earnings report is released; thus, the junior analyst must update the team's financial model and research note template using data from the earnings release. Then the junior analyst must prepare questions for the company's management team. Any salient points contained within the press release should be flagged to the senior analyst and team.

Senior Analyst: Review earnings report in search of any important points. Contact management team to clarify any questions. Determine the effect of the earnings release on the analyst's investment opinion.

8:00PM: Junior Analyst: Submit the updated research note and financial model to the senior analyst for review. Make changes as needed.

Senior Analyst: Review research note and model. Make nuanced changes as required.

9:00PM:
Junior Analyst : Submit the edited and approved research note to supervisory analysts for approval.

Senior Analyst: Develop talking points for tomorrow's morning meeting. Review client call lists as calls will need to be made early in the morning.

10:30PM:Junior Analyst: Note is published. Make preparations for senior analyst to speak during the next day's morning meeting.

Senior Analyst : As soon as note is published, prepare a voice mail blast for distribution to certain clients.

11:00PM: End of day.

The Bottom LineGenerally speaking, a day in the life of a junior or senior analyst can be very labor intensive. Nevertheless, the payoff is a challenging and (potentially) financially rewarding career.

Top 10 Best Smart Phones of 2013

Throughout the last few years, smartphones have completely dominated the cellular phone market. Nowadays, there are many smartphone options, which makes it a big challenge for an individual to choose the best device. Amidst all these choices, you may find yourself not being able to make a decision. Here is a list of ten of the hottest smart phones in the market today that are also expected to be popular in 2013.

Motorola Electrify 2

The Motorola Electrify 2 runs on Ice Cream Sandwich. The smartphone targets the upper to mid range market segment and is equipped with a 1.2 GHz dual core processor and a ColorBoost touchscreen display system. Its 8Mp rear-facing camera is capable of recording 1080p videos, and the entire cell phone is protected by a splash-resistant layer.

Samsung Galaxy S Blaze 4G

The Galaxy S Blaze 4G is a smartphone with 4G technology. It features a 1.5 GHz dual Qualcomm processor. Its brilliant super AMOLED touchscreen offers users a greater interaction with the system. Blaze 4G is preloaded with entertainment features including TV shows, movies and games.

Nokia Lumia 900

The Nokia Lumia 900 runs on a Windows operating system, using the latest Mango 7.5 Windows software that is clean and easy to use. Its elegant design, accompanied by a 4.3 inch display, makes this an ideal smartphone for fans of Microsoft. In addition, this phone can be used to access over 100,000 third party applications.

Next Gen Nokia

The next-gen Nokia smartphone coming after the release of Lumia 900 features a dual-core Qualcomm processor. The smartphone will be running on Microsoft’s latest cell phone operating system – Windows Phone 8. A front-facing camera is also expected to feature in this new smartphone to take advantage of the integration of Skype in Windows Phone 8. This product is expected to launch in late October.

Samsung Galaxy S III

This is the latest smartphone from Samsung with over 500,000 apps available for its use on Google Play. The Samsung Galaxy S III has a huge 4.8 inch display, with a 1.4 GHz quad core processor and a microSD storage capability. The Galaxy III runs on Android 4.0 Ice Cream Sandwich, and it also provides support for natural language commands.

BlackBerry Bold 9930

The Blackberry Bold 9930 is the thinnest Blackberry. The smartphone offers a perfect combination of a high performance keyboard and a responsive high resolution touchscreen. It supports roaming and is fitted with Wi-Fi connectivity. Its email and messaging capabilities are superior to its competitors on the market.

HTC EVO 3D

The HTC phones are manufactured in Taiwan, and this smartphone offers 3D technology in the palm of your hands. The HTC EVO 3D smartphone allows you to capture 3D images and video with ease. The content can be viewed in 3D using the phone’s screen without the annoying 3D glasses.

HTC One X

The HTC One X is an Android run smartphone, making use of Android 4.0 Ice Cream Sandwich. One X comes with a 4.7 inch display screen and a 1.5 GHz dual-core processor. Its sleek beauty and 4G LTE network support make it a powerful, functional and simple smartphone.

T-Mobile HTC G2

The HTC G2 with Google Android is a solid smartphone, with its big display screen and a slide-out keyboard this is an easy to use smartphone. G2 is integrated with many of the features offered by Google including Google Maps and Google Voice.

Apple iPhone 5

The iPhone 5 is expected to launch in September or October this year, and it is expected to be the best iPhone ever made. Along with the elegant design that has been Apple’s trademark, the iPhone 5 is expected to have a more powerful battery, together with a few additions to the system including a bigger display screen and LTE 4G networking support. In addition, iPhone 5 is also expected to incorporate a smaller Dock connector. The Airplay and Wi-Fi sync features offered will reduce the need for cables.

Intraday Trading using Fibonacci Method

Fibonacci Retracement Technique proved to be the best and simple technique for day trading.

The Retracement is of two types

a. Growth Retracement : If the price action is rising in nature but in between some correction brings down the price and again escalate to higher levels then we can this Retracement as a growth Retracement. The cause of growth retracement is due to profit booking, short term correction or portfolio churning by Institutions.

b. Decay Retracement: If the price action is in falling in nature but in between some technical bounce back 

or relief rally happens due to short covering then we classify this as a decay Retracement. The cause of decay Retracement is a correction, technical bounce back or relief rally.

Retracement again has three trade decisive zones:

Bounce back or Trend Continuation zone: If the price finds support at 50% of retracement of its prior swing of up move or resistance at 50% of retracement of its prior swing of down move then this retracement is called bounce back price zone.

Example: Say nifty has fallen from 4700 to 4500. The prior trend of this 4700 high was a rising trend started from 4000 then it is classified as growth retracement. Taking the 50% retracement of this high low movement of 700 points to 350 I will say if the price finds support at 4350 then uptrend will resume and has high probability of crossing the previous high. Now the next big question is how do I will know that 4350 support is a valid support or is a mathematical eye wash for me. Support must be validated by the volume. By simple observation if I will find the fall below 4350 invites buying and escalates the price to bit higher level then I will conclude this price is a valid support.

Death Zone or trend reversal zone: In retracement principle if the price retraced more then 61.8% of its prior swing then it has remote chance of going back to its prior trend.

Range bound or consolidation zone: if price finds support or resistance at 38.2% retracement or never crossover the 38.2% level from the50% retracement then I can classify the retracement as a consolidation zone.

Every morning when market wake up the stock or indices make some high and low by taking the high low difference with the help of above discusses ratios we can make fantastic trade decision.

Example :Say at one point of time I found Nifty future is trading at 4565 and at that particular time the high and low recorded for the day is 4625 and low 4530. The high low difference is 95 points. This retracement happen in a raising trend henceforth the price point 4577.50(50% retracement) will act as a support or buy entry point for the long traders. The 61.8% retracement price from the high this is 4566.29 will act as the Death zone entry point. If the price falls belowthat then it will achieve its 1st target at 78.6% retracement down side from the high. 78.6% works as the 1st termination point of the death zone. After which the free fall to 1.618% of retracement is expected. Since the current price is in the entrance point of the death zone I will advise you to sell nifty future keeping the 50% retracement price 4577.50 as stop loss for target 4550.33 the next free fall target will be 4471.29.

Consider the case if Nifty is trading at 4580 which is in the entrance of the bounce back zone I will recommend buy with stop loss 4566.29 for 1st target at 4588.71 the free raise target will be calculated from the low 4530 with ratio 1.618 on price range 95 having the termination at 4683.71.

What will be the next calculation method if these free fall or free rise price point penetrate successfully?

You need to apply the parallel projection or growth projection principle which you can find on my book on Fibonacci Method. The study of fibonacci method will not get complete without studying the clusture, and phi ellipse. same way the fibonacci fan line also the finest tool one can use for short term trend analysis. you can get many more successful examples on fibonacci method success in real trade practice under the section my experiment on fibonacci method. The key success in fibonacci swing trading technique is totally depend on you. you must understand the growth,decay retracement procedure. After which you can make an insight investigation where the current price is? if these two decission of your are in right path then i am 1000% sure that you will win that trade. Many traders made the mistake in those two dicisive steps.The most common mistake the trader does is they buy at the death zone of growth retracement and sell at the death zone of decay retracement. 

Intraday Trading Using Gann Method

Intraday Trade Using Gann Method

Introduction: I found W.D.Gann's method of geometric proportion is one of the best method for intraday trading. Though W.D.Gann was not a stock trader but after many years of experiment in stock market i found this method is one of the most successful method for day traders. Gann's Method is devised into two parts.

A. Forecasting the price and time using the natural numbers , geometrical angles and specific geometrical figures.

B. Forecasting the price and time based on astrological angles,formations and geometrical figures.

How it is different from the technical analysis?

In technical analysis we often use averages,drawing tools like trend lines,various oscillators and indicators to derive the future price projection which may be translated in the general terms resistances,supports,targets,stop loss.

However in gann method we use harmonic rhythms. like I can say price 30 degree up from the current level or down from the current level will give me the resistance or support. If you will notice my words carefully I have not used any drawing tools or any statistical values for deriving this resistance or support.

Why such assumption ?

This is the wonderful discovery done by W.D.Gann. He is the man who fond that in this universe every number is associated with other numbers with some degree relationship. This conclusion he has derived after arranging the natural numbers in geometrical spiral of square, triangle, hexagon. At last i will say, we all will agree that the price of a stock or commodity or any financial instrument irrespective of the currency it is trading in, is a number only.

How one can do intraday trade using gann method ?

Though many different approach and methods I have 

on Gann Method, 

one of the simplest method is projection the price from static degree proportions. In this method we will follow the following procedure and assumption.

A. we will assume the 180 degree as number 1.

B. we will derive the resistances from the low and supports from the high in every 15 degree interval.


C In the price cross over of 30 degree in resistance side we will buy the stock and vice-verse.

Do remember we will use this method for making swing trade. That means we will close our buy position at the sell entry point and initiate fresh short at that point. Some time we will come across with the situation where in the buy entry and sell entry will be placed very close to each other even equal to each other. This is called congestion band. If congestion band present in my experiment then I will make entry on the 1st target points.


Let me explain with an example : Say I have identified day high and low of State Bank of India (SBI) as 2220 and 2176 at a particular time and currently SBI is trading at 2187. if I wish to enter a trade based on this procedure then I will do the following.

A.Assuming 180 degree as 1 the 15 degree will be 0.0833.

B.My resistances will be two square of (square root of LOW+0.0833),two square of (square root of LOW+0.0833*2),two square of (square root of LOW+0.0833*3) and so on. In SBI case it will be 2183.78,2191.57,2199.37,2207.19,2115.03,2222.88.Supports will two square of (square root of HIGH-0.0833),two square of (square root of HIGH-0.0833*2),two square of (square root of HIGH-0.0833*3) and so on. In SBI case it will be 2112.16,2204.33,2196.51,2188.71,2181.

Now I will conclude my experiment with following out come my buy entry is 2191.57 and sell entry is 2204.33. In this case the sell entry is higher than the buy entry price and the current price also below my buy entry price. If such a situation exists then I will place my buy entry stop loss 2183.58 and sell entry stop loss as 2112.16.

What will be my swing trading decision in this case ? If the stop loss triggered for me after a failed attempt of buy entry then I will close the buy trade at 2183.78 and initiate fresh short trade at that point with stop loss for 2191.5 and targets will be 2176.06,2168.34... this is derived by subtracting the difference of 2183.78 and 2191.5 from 2183.78. same way you can derive the targets for the long entry if the stop loss of 2112.16 trigger.