BSE Sensex
(19781.19) and
Nifty (5998.90) closed
down by 1.6% and 1.2% respectively last
week.Nifty Future February was quoting at 39.15
points premium.Nifty call option February 6100 was very active.Support for Sensex is
at 19440. Resistance for Sensex is at
20080. Support for Nifty is at 5900 and resistance at 6080.
BOB,ACC,CIPLA
and HINDALCO will declare Q3 results next week.
ITC and YES BANK added Open Interest in February series.Huge
position was build up at ICICI BANK February Call Option Strike Price 1250.Good build up
was also seen at SBI February Call
Option Strike Price 2500.
Strategy for Futures Option players.
(1) IFCI
(34.55) lot size 8000 shares
Buy One Call Option of February Strike
Price 35@ 1.75 Rs
Sell One Call Option of February
Strike Price 37.50@ 1.00 Rs.
Premium .Paid = 1.75*8000= 14000.00 Rs.
Premium Received= 1.00*8000= 8000.00 Rs.
Net Premium Paid =14000-8000= 6000.00 Rs.
Maximum Profit =37.50-35 = 2.5*8000 = 20000
– 6000 = 14000.00 Rs.-
Maximum Loss =
6000.00 Rs.
Break Even = 35.75 Rs.
(2) TITAN (287.25) Future-Lot Size 1000 shares.
Buy One Lot February Future @ 287.25 Rs
Sell One Call Option of February Strike Price 300@ 5.65 Rs.
Premium Received= 5.65*1000 = 5650.00 Rs
Maximum Profit= 300- 287.25 = 12.75*1000 =.12750
+ 5650.00 = 18400.00 Rs.
Max Loss=Unlimited.
Trading Idea
(1) IOC (336.85) Buy this stock in decline
and trade
.
(2) BANK INDIA (353.75) 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
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.
Website www.subscriptionnarendranainani.blogspot.com
No comments:
Post a Comment