Price and volume analysis by BULLET ADVISORY

Bank of Japan’s interest rate decision scheduled on 9 March 2018

BSE Sensex (34046.94)  and NSE Nifty (10458.35) closed  respectively  last week.

IDBI and  IFCI  added Open Interest in  March series.Huge position was build up at   SUZLON March call  Option Strike Price  15.00.Good build up was also seen at IDBI  call  Option Strike Price  85.00.

Strategy  for Futures Option players

(1)   NIIT TECH  (872.70)   Future-Lot Size  1500 shares.

Buy One Lot  March Future  @  872.70  Rs.
Sell One Call Option March strike price  880 @  30.00 Rs
Premium Received =  30*1500  = 45000.00 Rs
Maximum Profit=  880.00  –  872.70  =  7.30*1500 = 10950.00 + 45000.00  =  55950.00 Rs.
Max Loss=Unlimited.

(2)    BPCL (442.80) LOT SIZE  1800 shares
Buy  One Call Option of   March Strike Price  440@ 13.00 Rs.
Sell  One Call Option of  March  Strike Price  460.00@ 6.00 Rs.
Premium Paid =  13*1800  =  23400.00 Rs.
Premium Received =  6*1800 = 10800.00 Rs.
Net Premium Paid = 23400.00 – 10800.00 =  12600.00 Rs.
Maximum Profit =  460.00 – 440.00 =  20.00*1800 = 36000.00  – 12600.00 =  23400.00 Rs.
Maximum Loss =  12600.00 Rs.

BREAKEVEN = 447

Trading Idea

(1)  IDBI (80.50) Buy this stock in decline and trade.

(2) DALMIA BHARAT (2740) 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.

we are BULLET

Bullet Advisory. Traders trade with us. Funds follow us. Globe track us. What are you waiting for? Join us. we are BULLET We can see through the charts. We can write it on the wall. What are you waiting for? We are BULLET Share share this post on Whatsapp Website www.bulletadvisory.com Website www.subscriptionnarendranainani.blogspot.com Share of Whatsapp

Share

Share

share this post on Whatsapp