Financial year end on 31 March invites profit booking from investors
We can see through the charts.
We can write it on the wall.
What are you waiting for?
We are BULLET.
BSE
Sensex (28261.08) and NSE Nifty(8570.90) closed down by 0.8%
and 0.9% respectively last week.Nifty Future was quoting at 44.10 points premium.Nifty call option March 8700 was very active.Support for Sensex is
at 27990 and Nifty at 8485. Resistance
for Sensex is at 28480 and Nifty at 8640.
SAIL
and POWERGRID added Open Interest in March series.Huge position was build up at HDIL March put Option
Strike Price 100.Good build up was also seen at IDBI March call
Option Strike Price 75.
Strategy for Futures Option players.
(1)
INFY (2281.45) Future-Lot Size 250 shares.
Buy One Lot April Future
@ 2281.45 Rs
Sell One Call Option April strike price 2400@32.00 Rs
Premium Received= 32.00*250= 8000.00
Rs
Maximum Profit= 2400-
2281.45=118.55*250= 29637.50 + 8000.00 = 37637.50 Rs.
Max Loss=Unlimited.
(2) WIPRO (652.65) LOT SIZE 500
shares
Buy One Call Option of April Strike Price 650@ 25.00 Rs.
Sell One Call Option of March Strike Price 680@ 13.40 Rs.
Premium Paid = 25*500= 12500.00
Rs.
Premium Received= 13.40*500= 6700.00
Rs.
Net Premium Paid= 12500.00 –6700.00=
5800.00 Rs.
Maximum Profit = 680-650=30*500=15000.00
– 5800.00 = 9200.00 Rs.
Maximum Loss= 5800.00 Rs.
Break Even= 661.60
Trading Idea
(1) DIVIS LAB(1806.30)
Buy this stock in decline and trade.
.
(2) JUBILANT FOOD (1586.45) Buy this stock in decline and
trade.
By
Bullet Advisory.
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Funds follow us.
Globe track us.
What are you waiting for?
Join us.
we are BULLET.
Website www.bulletadvisory.com Website www.subscriptionnarendranainani.blogspot.com
1 comment:
I found your blog while searching the internet for ideas and really good content. It's very informative and the quality of your content is excellent. keep it up
nifty future tips
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