Union Budget 2013-14 to be presented to the Parliament on Thursday, 28 February 2013.

BSE Sensex (19317.01)   and Nifty (5850.30) closed  down 0.8% and 0.6% last week.Nifty Future February was quoting at  6.50  points premium.Support for Sensex is at 19150 and resistance at 19450.Support for the Nifty is at 5810 and resistance at 5880.Nifty call option February  5900 was very active.

DLF  and  SBI added Open Interest in February  series.Huge position was build up at  ICICI BANK  February  Call Option Strike Price 1100.Good build up was also seen at  DLF February Call Option Strike Price 280.

Strategy  for Futures Option players.                                                                 

(1) SBI (2196) lot size 125 shares                                                                                                                                                                                                                         

Buy One Call Option of  February Strike Price 2200@ 38.25 Rs

Sell One Call Option of  February Strike Price 2250@ 20.10 Rs.

Premium .Paid = 38.25*125 = 4781.25 Rs.

Premium Received= 20.10*125 = 2512.50 Rs.

Net Premium Paid =4781.25-2512.50 = 2268.75 Rs.

Maximum Profit =2250-2200 = 50*125 = 6250 – 2268.75 = 3981.25 Rs.-

 Maximum Loss =  2268.75 Rs.

Break Even = 2218.15 Rs.

(2) AXIS BANK (1414.05)  Future-Lot Size 250 shares                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        

Buy One Lot    February Future  @ 1414.05 Rs

Sell One Call Option of  February Strike Price 1450@ 11.05 Rs.

Premium Received= 11.05*250 = 2762.50  Rs

Maximum Profit= 1450 – 1414.05 = 35.95*250 =.8987.50 + 2762.50 = 11750.00 Rs.

Max Loss=Unlimited.

           

Trading Idea

(1) ICICI BANK (1192.55) Buy this stock in decline and trade                                                                                                                                                                                                                                .

(2) RELIANCE INDUSTRIES (862.60) Buy this stock in decline and trade

 

 

 




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market may remain choppy ahead of Union Budget

BSE Sensex (19468.15)   and Nifty (5887.40) closed  last week.Nifty Future February was quoting at  5.25  points premium.Nifty call option February  5900 was very active.

TATA MOTORS  and  SBI added Open Interest in February  series.Huge position was build up at  SBI February  Call Option Strike Price 2300.Good build up was also seen at  TATA MOTORS February Call Option Strike Price 300.

Strategy  for Futures Option players.                                                                 

(1) DLF (248.70) lot size 1000 shares                                                                                                                                                                                                                         

Buy One Call Option of  February Strike Price 250@ 7.05 Rs

Sell One Call Option of  February Strike Price 260@ 3.45 Rs.

Premium .Paid = 7.05*1000= 7050.00 Rs.

Premium Received= 3.45*1000=  3450.00 Rs.

Net Premium Paid =7050-3450= 3600.00 Rs.

Maximum Profit =260-250 = 10*1000 = 10000 – 3600 = 6400.00 Rs.-

 Maximum Loss =  3600.00 Rs.

Break Even = 253.60 Rs.

(2) SBI (2244.20)  Future-Lot Size 125                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            shares.

Buy One Lot    February Future  @ 2244.20 Rs

Sell One Call Option of  February Strike Price 2300@ 24.25 Rs.

Premium Received= 24.25*125 = 3031.25  Rs

Maximum Profit= 2300- 2244.20 = 55.80*125 =.6975 + 3031.25 = 10006.25 Rs.

Max Loss=Unlimited.

           

Trading Idea

(1) AXIS BANK (1449.30) Buy this stock in decline and trade                                                                                                                                                                                                                                .

(2) TATA MOTORS (304.45) Buy this stock in decline and trade

 

By 

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Globe track us.

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Narendra Nainani

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Q3 results will decide the trend

BSE Sensex (19484.77)   and Nifty (5903.50) closed down  by 1.5% and 1.6% respectively last week.Nifty Future February was quoting at  9.75  points premium.Nifty call option February  6000 was very active.Support for Sensex is at  19100. Resistance for Sensex is at 19780. Support for Nifty is at 5820 and resistance at 5970.

BPCL,ONGC,TATA STEEL,TATA MOTORS,DLF and SBI will declare Q3 results next week.

TCS  and  WIPRO added Open Interest in February  series.Huge position was build up at  IFCI February  Call Option Strike Price 37.50.Good build up was also seen at  TCS February Call Option Strike Price 1450.

Strategy  for Futures Option players.                                                                 

(1) BHEL (208.75) lot size 1000 shares                                                                                                                                                                                                                         

Buy One Call Option of  February Strike Price 210@ 4.80 Rs

Sell One Call Option of  February Strike Price 220@ 2.10 Rs.

Premium .Paid = 4.80*1000= 4800.00 Rs.

Premium Received= 2.10*1000=  2100.00 Rs.

Net Premium Paid =4800-2100= 2700.00 Rs.

Maximum Profit =220-210 = 10*1000 = 10000 – 2700 = 6300.00 Rs.-

 Maximum Loss =  2700.00 Rs.

Break Even = 212.70 Rs.

(2) WIPRO (413.25)  Future-Lot Size 1000                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            shares.

Buy One Lot    February Future  @ 413.25 Rs

Sell One Call Option of  February Strike Price 420@ 6.50 Rs.

Premium Received= 6.50*1000 = 6500.00  Rs

Maximum Profit= 420- 413.25 = 6.75*1000 =.6750 + 6500.00 = 13250.00 Rs.

Max Loss=Unlimited.

           

Trading Idea

(1) SBI (2286.15) Buy this stock in decline and trade                                                                                                                                                                                                                                .

(2) ICICI BANK (1130.15) 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      

      

 



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