Containing fiscal deficit, controlling inflation
and promoting growth will be the task
of finance minister in the union budget
BSE Sensex
(25962.06) and NSE Nifty(7751.60) closed up by 3.4% and
3.2% respectively last week.Nifty
Future July was quoting at 38.40 points premium.Nifty call option July 8200 was very active.Support for Sensex is
at 25430 and Nifty at 7600. Resistance
for Sensex is at 26500 and Nifty at 7900.
RCOM and ONGC added Open Interest in July series.Huge
position was build up at NHPC July Call
Option Strike Price 30.Good build up was also seen at POWER GRID July Option Strike Price 150.
Strategy for Futures Option players.
(1) BANK INDIA (306.50) Future-Lot Size 1000 shares.
Buy One Lot JULY Future
@ 306.50 Rs
Sell One Call Option of JULY Strike Price 320@ Rs.11.60
Premium Received=11.60*1000= 11600.00 Rs
Maximum Profit=320– 306.50 = 13.50*1000= 13500.00
+ 11600 = 25100.00 Rs.
Max Loss=Unlimited.
(2) HDFC BANK (856.65) LOT
SIZE 500 shares
Buy One
Call Option of JULY Strike Price 860@ 28.20 Rs.
Sell One
Call Option of JULY Strike Price 880@
18.50 Rs.
Premium Paid = 28.20*500= 14100.00 Rs.
Premium Received=18.50*500= 9250.00 Rs.
Net Premium Paid= 14100-9250=4850.00 Rs.
Maximum Profit = 880-860=20*500=10000– 4850=
5150.00 Rs.
Maximum Loss= 4850.00 Rs.
Break Even= 869.70
Trading Idea
(1) MARUTI (2642.50) Buy this stock in
decline and trade .
(2) POWER GRID (144.20) Buy this stock in decline and trade
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3 comments:
Epic research
Stock Futures Tips : BUY ADANI PORT FUTURE ABOVE 265 TG 265.75, 266.75, 268.50 SL 263.70.
For nifty call & budget session strategy please Check nifty
Your blog is giving really good information about Nifty Future Tips, as it provides daily updates and is useful for client and traders who want to have stock details on weekly and daily basis.
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