BSE Sensex (16141.67) and Nifty (4845.65) closed down 4.1% and 4.5% respectively last week.Nifty Future August was quoting at 4.35 points premium.Nifty call option August 4900 was very active.Support for Sensex is at 15350. Resistance for Sensex is at 16780 .Support for Nifty is at 4600 and resistance at 5050..
FIIs’ remained net sellers during the week.
ICICI Bank and SBI added Open Interest in August series.Huge position was build up at SBI August Call Option Strike Price 2100.Good build up was also seen at RIL August Call Option Strike Price 740.
Strategy for Futures Option players.
1)TTML(17.50) Lot Size-14000 Shares
Buy One Call Option of August Strike Price 17.50.00@0.55 Rs
Sell One Call Option of August Strike Price 20.00@0.10 Rs.
Premium .Paid=0.55*14000=7700.00 Rs.
Premium Received=0.10*14000= 1400.00 Rs.
Net Premium Paid==7700.00-1400.00=6300.00 Rs.
Maximum Profit==20.00-17.50. =2.5*14000=35000.00-6300.=28700.00 Rs.-
Maximum Loss= 6300.00 Rs.
Break Even Price=17.95
2)Hind Petro(386.50) Future-Lot Size 1000 shares.
Buy One Lot August Future @386.50 Rs
Sell One Call Option of August Strike Price 400@1.70 Rs.
Premium Received=1.70*1000=1700.00 Rs
Maximum Profit=400-386.50=13.50*1000=13500.00 +1700.00=15200.00 Rs.
Max Loss=Unlimited.
Trading Idea
1)Escorts(69.05)Buy this stock in decline and trade.
2)JSW Steel(671.80) Buy this stock in decline and trade
By
Bullet Advisory Indian Stocks-India's Top Most No.1 Best Stock Market Advice Blog,Hot Stock Tips Calls by Expert Technical Analyst Narendra Nainani of India.Most Preferred and Successful Paid Subscription Stock Tips Calls Website of India.Excellent Success Ratio of more than 90% with Superb trading ideas.Most Successful Intraday Stock Future Calls Provider Service Indian Share Market.
Mobile No. +919898162770
By
Bullet Advisory Indian Stocks-India's top most no.1 best stockmarket advice blog,hot stocktips calls by expert technical analyst Narendra Nainani of India
Website http://www.nainaninarendra.blogspot.com
Website www.subscriptionnarendranainani.blogspot.com
No comments:
Post a Comment