BSE Sensex (17380.75) and Nifty(5258.50)
closed down by 2.3% and 2.4% respectively last week..Nifty
Future September was quoting at 28.15 points
premium.Nifty call option September 5300
was very active.Support for
Sensex is at
17030. Resistance for Sensex is at 17688. Support for Nifty is at 5360
and resistance is at 5140.
SBI and RIL added Open Interest in September series.Huge position was
build up at SBI September Call Option Strike Price 1900.Good build up
was also seen at RIL September Call
Option Strike Price 800.
Strategy for
Futures Option players.
1)Ranbaxy(552) lot size 500 shares
Buy
One Call Option of September Strike Price 540@25.15 Rs
Sell
One Call Option of September Strike Price 560@15.75 Rs.
Premium
.Paid= 25.15*500=12575.00 Rs.
Premium
Received= 15.75*500= 7875.00 Rs.
Net
Premium Paid=12575-7875= 4700.00 Rs.
Maximum
Profit==560-540 =20*500=10000-4700= 5300.00 Rs.-
Maximum Loss=
4700.00 Rs.
Break
Even = 549.40
2)Biocon(265.20) Future-Lot Size 1000 shares.
Buy
One Lot September Future
@265.20 Rs
Sell
One Call Option of September Strike Price 270@ Rs.4.35
Premium
Received=4.35*1000= 4350.00 Rs
Maximum
Profit=270-265.20 == 4.8*1000=.4800 + 4350=9150.00 Rs.
Max
Loss=Unlimited.
Trading
Idea
1)Union
Bank(156.75) Buy this stock in decline and trade
.
2)Orient
Bank(224.40) Buy this stock in decline and trade
Traders trade with us.
Funds follow us.
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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 Option 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 Option Calls Provider Service Indian Share Market.
Mobile No. +919898162770
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