Future Advisory

The Indian stock market offers a lot of trading instruments to trade and invest. One of those is future trading. However, if you are a new trader you may find it hard and risky to trade in futures. This is because of the high volatility and uncertainty in prices in future contracts. That’s why it is good to consider getting help from the best stock advisory in India. The best stock advisory firm in India can provide you with expert guidance, research, analysis, and recommendations for trading and investing in the futures market. Further, by choosing a reliable and reputed stock advisory firm, you can also reduce the risks and increase the chances of making high returns from the market. So, if you have decided to trade in futures, first of all, let’s understand what actual future contracts are.

What are Futures?

Futures are financial contracts that require parties to trade an asset at a fixed price and date in the future. The buyer and seller must follow the contract terms, regardless of the market price at the expiration date.

These assets can be physical assets or financial instruments. Futures contracts set the amount of assets and they have a standard format for trading. This makes trading simpler on an exchange for futures. Moreover, futures can help hedge or speculate on the market. You can trade many kinds of future contracts. These include:

Equity Future

An equity futures agreement is a kind of contract that makes two parties obligated to trade stocks at an agreed time, amount, and price in the future. They are bought and sold on regulated markets and serve as instruments for speculation and risk management. The most common types of stock futures contracts are those related to indexes and individual stocks. To trade in equity futures successfully you can consult with the best equity advisor in India who can provide reliable research and guidance to you.

A futures contract is a deal between two parties to trade a certain amount of equity, such as stocks or indices, at a fixed price and time in the future. The parties have different views on the equity’s future value. The buyer wants to buy it, and the seller wants to sell it. The contract must contain the following components:

  • The equity to be traded, e.g., an index or a stock
  • The date of settlement, when the trade is completed
  • The amount of equity to be traded, e.g., 100 shares
  • The delivery price of the equity
  • The margin, a deposit by each party

Nifty Future

Nifty futures are contracts that oblige investors to exchange the Nifty 50 Index at a fixed price and time in the future. These contracts depend on the value of the Nifty 50 Index. If you want to benefit from Nifty futures and increase your returns it is recommended to seek help from the best advisory company in India.

Nifty futures are contracts that oblige two parties to exchange the Nifty 50 Index at a fixed price and time in the future. The parties enter into the contract based on their expectations of the Nifty 50 Index’s future performance. The buyer wants to buy it, and the seller wants to sell it. The contract’s value changes with the Nifty Index’s value. That is, if the Nifty Index goes up, so does the contract, and vice-versa. The contract has a trading cycle of up to 3 months. When the contract ends, the profit or loss is calculated by the difference between the agreed price and the actual price of the Nifty 50 Index.

Nifty Forecast for Today

DateValueSupportResistance
11 Oct 2024₹ 25,836₹ 25,585₹ 26,095

Nifty Forecast for Tomorrow

DateValueSupportResistance
14 Oct 2024₹ 25,875₹ 25,624₹ 26,134

Nifty Forecast for Next Week

DateWeekdayValueSupportResistance
07.10.2024Monday₹ 25,721₹ 25,470₹ 25,980
08.10.2024Tuesday₹ 25,754₹ 25,503₹ 26,013
09.10.2024Wednesday₹ 25,794₹ 25,543₹ 26,053
10.10.2024Thursday₹ 25,811₹ 25,560₹ 26,070
11.10.2024Friday₹ 25,836₹ 25,585₹ 26,095

Nifty forecast for next month

DateWeekdayValueSupportResistance
07.10.2024Monday₹ 25,721₹ 25,470₹ 25,980
08.10.2024Tuesday₹ 25,754₹ 25,503₹ 26,013
09.10.2024Wednesday₹ 25,794₹ 25,543₹ 26,053
10.10.2024Thursday₹ 25,811₹ 25,560₹ 26,070
11.10.2024Friday₹ 25,836₹ 25,585₹ 26,095
14.10.2024Monday₹ 25,875₹ 25,624₹ 26,134
15.10.2024Tuesday₹ 25,911₹ 25,660₹ 26,170
16.10.2024Wednesday₹ 25,957₹ 25,706₹ 26,216
17.10.2024Thursday₹ 25,988₹ 25,737₹ 26,247
18.10.2024Friday₹ 26,023₹ 25,772₹ 26,282
21.10.2024Monday₹ 25,978₹ 25,727₹ 26,237
22.10.2024Tuesday₹ 25,998₹ 25,747₹ 26,257
23.10.2024Wednesday₹ 26,043₹ 25,792₹ 26,302
24.10.2024Thursday₹ 26,079₹ 25,828₹ 26,338
25.10.2024Friday₹ 26,126₹ 25,875₹ 26,385
28.10.2024Monday₹ 26,155₹ 25,904₹ 26,414
29.10.2024Tuesday₹ 26,187₹ 25,936₹ 26,446
30.10.2024Wednesday₹ 26,225₹ 25,974₹ 26,484
31.10.2024Thursday₹ 26,257₹ 26,006₹ 26,516
01.11.2024Friday₹ 26,302₹ 26,051₹ 26,561

Nifty forecast for 1 year

YearMonthAverageClosingChanges%
2024January21,74922,07011.84%
2024February21,98421,95511.26%
2024March21,80121,74910.21%
2024April21,35021,1627.24%
2024May20,66220,3663.20%
2024June20,84621,1157.00%
2024July21,87622,41313.58%
2024August22,01721,84010.67%
2024September22,03122,09511.97%
2024October23,33024,32223.25%
2024November23,63923,18817.51%
2024December22,68322,40213.52%

Banknifty Future

Banknifty futures are derivative contracts that allow investors to buy or sell the Bank Nifty Index at a predetermined price and date in the future. The Bank Nifty Index is an index of leading banks in India that represents the banking sector of the Indian economy. Banknifty futures derive their value from the Bank Nifty Index.

Banknifty futures work on the principle of price speculation. Investors can take long positions (buy) if they expect the Bank Nifty Index to rise in the future or short positions (sell) if they anticipate it to fall. The value of the Banknifty futures contract is directly proportional to the value of the Bank Nifty Index. That is, if the value of the Bank Nifty Index increases, the value of Bank Nifty futures will also go up and vice-versa. The bank’s nifty futures have a maximum trading cycle of 3 months. After the contract expires, the profit or loss is determined by the difference between the contracted price and the actual price of the Bank Nifty Index.

Banknifty forecast today (11 Oct 2024)

Bank Nifty ViewLevels
Bank Nifty Support51,165 – 50,800 – 50,553
Bank Nifty Resistance51,778 – 52,025 – 52,390
Bank Nifty Range50,827 – 52,234
BiasSideways to Bullish

Finnifty Future

The National Stock Exchange (NSE) started the Nifty financial services index in January 2021. It is the representation of the stock prices of various companies in the Indian financial sector.

The index is dominated by banks, which make up over 65% of its weightage. But it also includes other financial companies like insurance businesses, NBFCs, and housing financing to name a few.

FINNIFTY is a single index that measures the performance of these companies or subsectors in the economy. So, the worth of FINNIFTY might go up or down based on the financial health and investor sentiment of the Indian financial sector.

Fin nifty forecast today (11 Oct 2024)

Fin Nifty ViewLevels
Fin Nifty Support23,617 – 23,470 – 23,368
Fin Nifty Resistance23,867 – 23,968 – 24,116
Fin Nifty Range23,438 – 24,091

How to trade in futures?

Trading in futures can be overwhelming for new investors. But there are ways you can trade successfully in the future. Either you can consult with one of the best stock advisory firms in India or you can make your strategy and stick with that. If you want to trade on your own you can follow these steps:

  • First of all, select a future trading platform for you. It will be best if you choose the best trading app in India.
  • Choose a future market to trade from equity indexes S&P etc.
  • Develop a future trading strategy while keeping in mind factors like risk management, technical analysis, and fundamental analysis.
  • Narrow down your investment strategy. Decide if you want to go long or short.

Advantages of trading in futures

  • Futures allow you to trade with leverage.
  • Futures markets have high trading volume and activity.
  • They often have low fees and execution costs.
  • Futures can offer quick profits for speculators.
  • You can diversify or hedge your portfolio.
  • Futures markets have less manipulation and bias.
  • Futures contracts are only paper investments.
  • Makes short selling easy.

Disadvantages of trading in futures

Future events are hard to predict.

The use of leverage can cause volatile price movements.

Future contracts have a deadline price and may lose value as the deadline approaches.

Conclusion

In conclusion, future trading can give you unexpected returns but they can also wipe out your capital if not done properly. That’s why it is recommended to do your research, and trade by making a proper strategy. If you find it hard to make your strategy for future trading, you can also consult with the best stock advisory company in India for guidance and advice.