Q 2 results will decide the trend

BSE Sensex (18755.45)  and Nifty(5697.70) closed  up  by 0.7% and 0.6% respectively last week..Nifty Future November was quoting at  42.15  points premium.Nifty call option November  5700 was very active.Support for Sensex is at  18500. Resistance for Sensex is at 19050. Support for Nifty is at 5610 and resistance is at 5790.

CIPLA,TATA POWER,HINDALCO, ONGC,SBI,RANBAXY,TATA STEEL, TATA MOTORS,and BPCL will declare Q2 results next week.

UNION BANK  and  SBI added Open Interest in November  series.Huge position was build up at  LT November  Call Option Strike Price 1700.Good build up was also seen at  SBI  November Call Option Strike Price 2200.

Strategy  for Futures Option players.                                                                 

1)LT(1675.40) lot size 250 shares                                                                                                                                                                                                                         

Buy One Call Option of  November Strike Price 1650@59.30 Rs

Sell One Call Option of  November Strike Price 1700@32.45 Rs.

Premium .Paid= 59.30*250=14825.00 Rs.

Premium Received= 32.45*250=  8112.50 Rs.

Net Premium Paid=14825-8112.50= 6712.50 Rs.

Maximum Profit==1700-1650 =50*250=12500-6712.50= 5787.50 Rs.-

 Maximum Loss=  6712.50 Rs.

Break Even = 1676.85

2)TCS(1340.35)   Future-Lot Size 250 shares.

Buy One Lot   November  Future  @1340.35 Rs

Sell One Call Option of  November Strike Price 1350@ Rs.21.75

Premium Received=21.75*250= 5437.50 Rs

Maximum Profit=1350-1340.35 == 9.65*250=.2412.50 + 5437.50=7850.00 Rs.

Max Loss=Unlimited.

           

Trading Idea

1)INFY(2388.10) Buy this stock in decline and trade                                                                                                                                                                                                                                .

2)ICICI BANK(1079.65) Buy this stock in decline and trade

 

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Narendra Nainani

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The Reserve Bank of India (RBI) announces Second Quarter Review of Monetary Policy on Tuesday, 30 October 2012.

BSE Sensex (18625.34)  and Nifty(5664.30) closed  down  by 0.3% and 0.4% respectively last week..Nifty Future November was quoting at  39.70  points premium.Nifty call option November  5800 was very active.Support for Sensex is at  18520. Resistance for Sensex is at 18770. Support for Nifty is at 5630 and resistance is at 5710.

BHEL,MARUTI,GRASIM,DR.REDDY and WIPRO will declare Q2 results next week.

Tata Steel and  BHEL added Open Interest in November  series.Huge position was build up at  ICICI Bank November  Call Option Strike Price 1100.Good build up was also seen at  SBI  November Call Option Strike Price 2300.

Strategy  for Futures Option players.                                                                 

1)IOC(260.70) lot size 1000 shares                                                                                                                                                                                                                         

Buy One Call Option of  November Strike Price 260@7.00 Rs

Sell One Call Option of  November Strike Price 270@3.35 Rs.

Premium .Paid= 7*1000=7000.00 Rs.

Premium Received= 3.35*1000=  3350.00 Rs.

Net Premium Paid=7000-3350= 3650.00 Rs.

Maximum Profit==270-260 =10*1000=10000-3650= 6350.00 Rs.-

 Maximum Loss=  3650.00 Rs.

Break Even = 263.65

2)HIND PETRO(305.95)   Future-Lot Size 1000 shares.

Buy One Lot   November  Future  @305.95 Rs

Sell One Call Option of  November Strike Price 320@ Rs.3.85

Premium Received=3.85*1000= 3850.00 Rs

Maximum Profit=320-305.95 == 14.05*1000=.14050.00 + 3850=17900.00 Rs.

Max Loss=Unlimited.

           

Trading Idea

1)CHAMBAL FERTILIZER(68.45) Buy this stock in decline and trade                                                                                                                                                                                                                                .

2)LIC HOUSING(251.65) Buy this stock in decline and trade

 

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Bullet Advisory.

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By 

Bullet Advisory.

Narendra Nainani

Mobile No. +919898162770

      

      

Website www.subscriptionnarendranainani.blogspot.com

near-month October 2012 derivatives expire on Thursday, 25 October 2012

BSE Sensex (18682.31)  and Nifty(5684.25) closed  up  by 0.01% and 0.6% respectively last week..Nifty Future October was quoting at  0.05  points premium.Nifty call option October  5700 was very active.Support for Sensex is at  18540. Resistance for Sensex is at 18820. Support for Nifty is at 5630 and resistance is at 5725.

L & T,BAJAJ AUTO,HDFC,CAIRN,BOB,HINDUSTAN UNILEVER,ICICI BANK,NTPC,GAIL,PNB and IDFC WILL DECLARE Q2 results next week.

SBI and  DLF added Open Interest in October  series.Huge position was build up at  TCS October  Call Option Strike Price 1300.Good build up was also seen at  AXIS BANK October Call Option Strike Price 1200.

Strategy  for Futures Option players.                                                                 

1)DR REDDY(1704.45) lot size 125 shares                                                                                                                                                                                                                         

Buy One Call Option of  October Strike Price 1700@22.45 Rs

Sell One Call Option of  October Strike Price 1750@4.20 Rs.

Premium .Paid= 22.45*125=2806.25 Rs.

Premium Received= 4.20*125=  525.00 Rs.

Net Premium Paid=2806.25-525= 2281.25 Rs.

Maximum Profit==1750-1700 =50*125=6250-2281.25= 3968.75 Rs.-

 Maximum Loss=  2281.25 Rs.

Break Even = 1718.25

2)PETRONET(168.70)   Future-Lot Size 2000 shares.

Buy One Lot   October   Future  @168.70 Rs

Sell One Call Option of   October Strike Price 170@ Rs.1.40

Premium Received=1.40*2000= 2800.00 Rs

Maximum Profit=170-168.70 == 1.30*2000=.2600.00 + 2800=5400.00 Rs.

Max Loss=Unlimited.

           

Trading Idea

1)ANDHRA BANK(114.40) Buy this stock in decline and trade                                                                                                                                                                                                                                .

2)CANBK(447.05) 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?

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By 

Bullet Advisory.

Narendra Nainani

Mobile No. +919898162770

      

      

Website www.subscriptionnarendranainani.blogspot.com