Don't be confused...you are at the right place...we are BULLET
Saturday, June 22, 2013
June 2013 F&O contracts expire on Thursday, 27 June 2013
BSE Sensex
(18774.24) and
Nifty (5667.65) closed down by
2.1% and
2.4% respectively last week.Nifty Future June was quoting at 11.70
points discount.Nifty PUT option June 5600 was very active.Support for Sensex is at 18470.Resistance for Sensex is at 19230. Support
for Nifty is at 5570 and resistance at 5815.
POWERGRID and ICICI BANK added Open Interest in June series.Huge position
was build up at SBI June Call Option Strike Price 2000.Good build
up was also seen at RCOM Call June Option Strike Price 130.
Strategy for Futures Option players.
(1) RCOM (119.55)
lot size 4000 shares
Buy One Call Option of JULY Strike Price 120@ 7.55 Rs
Sell One Call Option of JULY Strike
Price 130@ 4.20 Rs.
Premium .Paid= 7.55*4000= 30200.00 Rs.
Premium Received= 4.20*4000 = 16800.00 Rs.
Net Premium Paid= 30200 - 16800= 13400.00 Rs.
Maximum Profit= 130-120= 10*4000 = 4000.00-
13400= 26600.00 Rs.
Maximum
Loss= 13400.00 Rs.
Break Even = 123.35
(2) WIPRO (347.25) Future-Lot Size 500 shares.
Buy One Lot JULY Future
@ 347.25 Rs
Sell One Call Option of JULY Strike Price 360@ 9.00 Rs.
Premium Received= 9*500 = 4500.00 Rs
Maximum Profit= 360-347.25 = 12.75*500 =
6375.00 + 4500.00 = 10875.00 Rs.
Max Loss=Unlimited.
Trading Idea
(1) CAIRN (293.50) Buy this stock in
decline and trade .
(2) IDEA (139.85) Buy this stock in decline
and trade
Website www.subscriptionnarendranainani.blogspot.com
Saturday, June 15, 2013
FOMC policy meet on interest rates on 18th and 19th June 2013
BSE Sensex
(19177.93) and
Nifty (5808.40) closed down by
1.3% and
1.2% respectively last week.Nifty Future June was quoting at 7.15
points discount.Nifty call option June 5800 was very active.Support for Sensex is at 18770.Resistance for Sensex is at 19580. Support
for Nifty is at 5680 and resistance at 5930.
HINDALCO and TATA STEEL added Open Interest in June series.Huge position
was build up at SBI June Call Option Strike Price 2100.Good build
up was also seen at RELIANCE Call June Option Strike Price 820.
Strategy for Futures Option players.
(1) RELIANCE IND (817.65) lot size 250
shares
Buy One Call Option of JUNE Strike Price 820@ 15.00 Rs
Sell One Call Option of JUNE Strike
Price 840@ 8.50 Rs.
Premium .Paid= 15*250= 3750.00 Rs.
Premium Received= 8.50*250 = 2125.00 Rs.
Net Premium Paid= 3750 - 2125= 1625.00 Rs.
Maximum Profit= 840-820= 20*250 = 5000.00-
1625.00= 3375.00 Rs.
Maximum
Loss= 1625.00 Rs.
Break Even = 826.50
(2) CAIRN (291.35) Future-Lot Size 1000 shares.
Buy One Lot JUNE Future
@ 291.35 Rs
Sell One Call Option of JUNE Strike Price 300@ 2.60 Rs.
Premium Received= 2.60*1000 = 2600.00 Rs
Maximum Profit= 300-291.35 = 8.65*1000 =
8650.00 + 2600.00 = 11250.00 Rs.
Max Loss=Unlimited.
Trading Idea
(1) LUPIN (783.45) Buy this stock in
decline and trade
.
(2) IDEA (136.30) 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
Website www.subscriptionnarendranainani.blogspot.com
Subscribe to:
Posts (Atom)