BSE Sensex
(19424.10) and
Nifty (5907.40) closed up by
0.4% and 0.5% respectively last week.Nifty Future December was quoting at 22.60
points premium.Nifty call option December 6000 was very active.Support for Sensex is at 19200. Resistance for Sensex is at 19600. Support
for Nifty is at 5840 and resistance at 5960.
IPO of P C
JEWELLER opens for subscription on 10th December 2012 with a price
band of Rs. 125 to 135 per share and IPO of Bharti Infratel opens for
subscription on 11th December 2012 with a price band of Rs. 210 to
240 per share.
TATA MOTOR and MARUTI added Open Interest in December series.Huge position
was build up at TATA MOTORS December Call Option Strike Price 300.Good build up
was also seen at TATA POWER December Call Option Strike Price 115.
Strategy for Futures Option players.
(1) TATA GLOBAL
(169.85) lot size 2000 shares
Buy One Call Option of December Strike Price 170@6.95 Rs
Sell One Call Option of December
Strike Price 180@3.35 Rs.
Premium .Paid= 6.95*2000=13900.00 Rs.
Premium Received= 3.35*2000= 6700.00 Rs.
Net Premium Paid=13900-6700= 7200.00 Rs.
Maximum Profit==180-170 =10*2000=20000-7200=
12800 Rs.-
Maximum
Loss= 7200 Rs.
Break Even = 173.60
(2) MARUTI (1522.30) Future-Lot Size 250 shares.
Buy One Lot December Future
@1522.30 Rs
Sell One Call Option of December Strike Price 1550@ Rs.24.20
Premium Received=24.20*250= 6050.00 Rs
Maximum Profit=1550-1522.30 == 27.70*250=.6925
+ 6050=12975.00 Rs.
Max Loss=Unlimited.
Trading Idea
(1) BIOCON (286.50) Buy this stock in
decline and trade
.
(2) TATA MOTORS (281.90) Buy this stock in
decline and trade
By
Bullet Advisory.
Traders trade with us.
Funds follow us.
Globe track us.
What are you waiting for?
Join us.
Bullet Advisory.
Narendra
Nainani
Mobile No. +919898162770
Website www.subscriptionnarendranainani.blogspot.com
2 comments:
The Federal Open Market Committee (FOMC), a committee within the Federal Reserve System, is charged under United States law with overseeing the nation's open market operations. It is the Federal Reserve committee that makes key decisions about interest rates and the growth of the United States money supply.
Commodity Tips
Hey!! every one must read this fabulous blog post!! You have a great quality content. Keep it up guys
Commodity Tips
Post a Comment