BSE Sensex
(18675.20) and Nifty(5676.05)
closed down by 1.4% and 1.41% respectively last week..Nifty
Future October was quoting at 10.50 points
premium.Nifty call option October 5800
was very active.Support for Sensex is at
18500. Resistance for Sensex is at 18900. Support for Nifty is at 5600
and resistance is at 5770.
SBI and DLF added Open Interest in October series.Huge position
was build up at SBI October Call Option Strike Price 2300.Good build up
was also seen at RIL October Call Option
Strike Price 840.
Strategy for Futures Option players.
1)INDIA
CEMENT(101.10) lot size 2000 shares
Buy One Call Option of October Strike Price 100@4.65 Rs
Sell One Call Option of October Strike
Price 105@2.60 Rs.
Premium .Paid= 4.65*2000=9300.00 Rs.
Premium Received= 2.60*2000= 5200.00 Rs.
Net Premium Paid=9300-5200= 4100 Rs.
Maximum Profit==105-100 =5*2000=10000-4100=
5900.00 Rs.-
Maximum
Loss= 4100.00 Rs.
Break Even = 102.05
2)TITAN(275.45) Future-Lot Size 1000 shares.
Buy One Lot October Future
@275.45 Rs
Sell One Call Option of October Strike Price 280@ Rs.5.25
Premium Received=5.25*1000= 5250.00 Rs
Maximum Profit=280-275.45 == 4.55*1000=.4550.00
+ 5250=9800.00 Rs.
Max Loss=Unlimited.
Trading Idea
1)ACC(1498.05) Buy this stock in decline
and trade .
2)PFC(208.05) Buy this stock in decline and
trade
By
Bullet Advisory.
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By
Bullet Advisory.
Narendra
Nainani
Mobile No.
+919898162770
Website www.subscriptionnarendranainani.blogspot.com
1 comment:
RBI has declared to cut the CRR rates to 0.25. The latest information shared by you is gr8. tx
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