BSE Sensex (16839.19) and Nifty(5099.85)
closed down by 1.9% and 2% respectively last week..Nifty
Future August was quoting at 32.15 points
premium.Nifty call option August 5200
was very active.Support for Sensex is at
16610. Resistance for Sensex is at 17050. Support for Nifty is at 4940
and resistance is at 5235.
GAIL,Cipla and BOB will declare Q1 results next week.
SBI and ICICI Bank 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 ICICI Bank August Call
Option Strike Price 940.
Strategy for
Futures Option players.
1)ICICI Bank(928.25) lot size 250 shares
Buy
One Call Option of August Strike Price 920@37.35 Rs
Sell
One Call Option of August Strike Price 940@26.95 Rs.
Premium
.Paid= 37.35*250=9337.50 Rs.
Premium
Received= 26.95*250= 6737.50 Rs.
Net
Premium Paid=9337.50-6737.50=.2600.00 Rs.
Maximum
Profit==940-920 =20*250=5000-2600.00= 2400.00 Rs.-
Maximum Loss=
2600.00 Rs.
Break
Even = 930.40
2)Tata
Steel(402.10) Future-Lot Size 500
shares.
Buy
One Lot August Future
@402.10 Rs
Sell
One Call Option of August Strike Price 420@ Rs.7.15
Premium
Received=7.15*500= 3575.00 Rs
Maximum
Profit=420-402.10 == 17.90*500=.8950 + 3575=12525.00 Rs.
Max
Loss=Unlimited.
Trading
Idea
1)TCS(1225.30)
Buy this stock in decline and trade
.
2)Hindalco(117.50)
Buy this stock in decline and trade
Traders trade with us.
Funds follow us.
Globe track us.
What are you waiting for?
Join us.
By
Bullet Advisory.
Narendra
Nainani
Mobile No. +919898162770
By
Bullet Advisory Indian Stocks-India's Top Most Stock Market Advice Blog,Hot Stock Tips by Expert Technical Analyst Narendra Nainani of India.Most Preferred Paid Subscription Stock Investment Advice Website India.Excellent Success Ratio with Superb trading ideas.Most Successful Stock Future Calls Provider Service Indian Share Market.
Bullet Advisory Indian Stocks-India's Top Most Stock Market Advice Blog,Hot Stock Tips by Expert Technical Analyst Narendra Nainani of India.Most Preferred Paid Subscription Stock Investment Advice Website India.Excellent Success Ratio with Superb trading ideas.Most Successful Stock Future Calls Provider Service Indian Share Market.
Mobile No. +919898162770
Website http://www.nainaninarendra.blogspot.com
Website www.subscriptionnarendranainani.blogspot.com
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