Q 1 advance tax payment by India Inc will be watched carefully by investors

BSE Sensex (19760.30)   and Nifty (5985.95) closed  up  by 0.3% and  0.01% respectively last week.Nifty Future June was quoting at  5.05  points premium.Nifty put option June  6000 was very active.Support for Sensex is at  19320.Resistance for Sensex is at 20120. Support for Nifty is at 5880 and resistance at 6087.

INFY and  SESAGOA added Open Interest in June series.Huge position was build up at  SBI  June Call Option Strike Price 2200.Good build up was also seen at  INFY  Call June  Option Strike Price 2400.

Strategy  for Futures Option players.                                                                 

(1) INFY (2411.70) lot size 125 shares                                                                                                                                                                                                                         

Buy One Call Option of  JUNE Strike Price 2400@ 65.00 Rs

Sell One Call Option of  JUNE Strike Price 2450@ 45.00 Rs.

Premium .Paid= 65*125= 8125.00 Rs.

Premium Received= 45*125=  5625.00 Rs.

Net Premium Paid= 8125-5625= 2500.00 Rs.

Maximum Profit= 2450-2400= 50*125= 6250.00- 2500.00= 3750.00 Rs.

 Maximum Loss=  2500.00 Rs.

Break Even = 2420.00

(2) TCS (1485.05)   Future-Lot Size 250 shares.

Buy One Lot  JUNE  Future  @ 1485.05 Rs

Sell One Call Option of  JUNE Strike Price 1520@ 24 Rs.

Premium Received= 24*250= 6000.00 Rs

Maximum Profit= 1520-1485.05 = 34.95*250= 8737.50 + 6000.00 = 14737.50 Rs.

Max Loss=Unlimited.

           

Trading Idea

(1) CAIRN (285.55) Buy this stock in decline and trade                                                                                                                                                                                                                                .

(2) SYNDI BANK  (128.15) Buy this stock in decline and trade

 

By 

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Narendra Nainani

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traders may roll over positions in the futures and options segment to next month series

BSE Sensex (19704.33)   and Nifty (5983.55) closed  down  by 2.9% and  3.3% respectively last week.Nifty Future May was quoting at  7.35  points premium.Nifty call option May  6000 was very active.Support for Sensex is at  19050.Resistance for Sensex is at 20240. Support for Nifty is at 5760 and resistance at 6160.

COAL INDIA,GAIL,HINDALCO,DLF,SUNPHARMA,HPCL,BPCL,COLPAL,IOC and ONGC  will announce  results next week.

RCOM and  DLF added Open Interest in May series.Huge position was build up at  SBI May  Call Option Strike Price 2200.Good build up was also seen at  TATA STEEL  Call May  Option Strike Price 320.

Strategy  for Futures Option players.                                                                 

(1) ICICI BANK (1204.15) lot size 250 shares                                                                                                                                                                                                                         

Buy One Call Option of  JUNE Strike Price 1200@ 37.50 Rs

Sell One Call Option of  JUNE Strike Price 1240@ 22.00 Rs.

Premium .Paid= 37.50*250= 9375.00 Rs.

Premium Received= 22*250=  5500.00 Rs.

Net Premium Paid= 9375-5500= 3875.00 Rs.

Maximum Profit= 1240-1200= 40*250=10000-3875 = 6125.00 Rs.-

 Maximum Loss=  3875.00 Rs.

Break Even = 1215.50

(2) TATA STEEL (317.20)   Future-Lot Size 1000 shares.

Buy One Lot  JUNE  Future  @ 317.20 Rs

Sell One Call Option of  JUNE Strike Price 330@ 7.95 Rs.

Premium Received= 7.95*1000= 7950.00 Rs

Maximum Profit=330-317.20 = 12.80*1000= 12800.00 + 7950.00 = 20750.00 Rs.

Max Loss=Unlimited.

           

Trading Idea

(1) CESC (328.20) Buy this stock in decline and trade                                                                                                                                                                                                                                .

(2) LUPIN  (769.65) Buy this stock in decline and trade

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Q4 results to dictate the trend

BSE Sensex (20286.12)   and Nifty (6187.30) closed  up  by 1% and  1.5% respectively last week.Nifty Future May was quoting at  6.70  points premium.Nifty call option May  6200 was very active.Support for Sensex is at  20100.Resistance for Sensex is at 20500. Support for Nifty is at 6120 and resistance at 6270.

COAL INDIA,TATA STEEL,SBI,BHEL and LT  will announce  results next week.

IPO of Just Dial opens for bidding on 20 May 2013 with the price band of Rs. 470 to Rs. 593.Retail individual investor will be offered discount of Rs. 47.

BHEL and  DLF added Open Interest in May series.Huge position was build up at  ITC May  Call Option Strike Price 340.Good build up was also seen at  DLF  Call May  Option Strike Price 250.

Strategy  for Futures Option players.                                                                 

(1) DLF (249.65) lot size 1000 shares                                                                                                                                                                                                                         

Buy One Call Option of  MAY Strike Price 250@ 7.20 Rs

Sell One Call Option of  MAY Strike Price 260@ 3.50 Rs.

Premium .Paid= 7.20*1000=7200.00 Rs.

Premium Received= 3.50*1000=  3500.00 Rs.

Net Premium Paid= 7200-3500= 3700.00 Rs.

Maximum Profit= 260-250=10*1000=10000-3700= 6300.00 Rs.-

 Maximum Loss=  3700.00 Rs.

Break Even = 253.70

(2) ACC (1274)   Future-Lot Size 250 shares.

Buy One Lot  MAY  Future  @1274.00 Rs

Sell One Call Option of  MAY Strike Price 1300@ 15.30 Rs.

Premium Received= 15.30*250= 3825.00 Rs

Maximum Profit=1300-1274 = 26*250= 6500.00 + 3825.00 = 10325.00 Rs.

Max Loss=Unlimited.

           

Trading Idea

(1) ICICI BANK (1230.45) Buy this stock in decline and trade                                                                                                                                                                                                                                .

(2) HDIL  (60.30) Buy this stock in decline and trade

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