Moving Average Convergence Divergence (MACD) based calls by Bullet Advisory
Market stabilize at lower levels on hopes of positive announcements from the Government BSE Sensex (36701.16) and NSE Nifty(10829.35) closed respectively last week We can see through the charts. We can write it on the wall. What are you waiting for? We are BULLET IDEA and ADANI POWER added Open Interest in August series.Huge position was build up at IDEA August call Option Strike Price 7.Good build up was also seen at YESBANK call option Strike Price 90. Trading Strategies F & O (1) NIITTECH (1353.05) Future-Lot Size 750 shares. Buy One Lot September Future @1353.05 Rs. Sell One Call Option September strike price 1360@ 34.95 Rs Premium Received = 34.95*750 = 26212.50 Rs Maximum Profit= 1360.00 – 1353.05 = 6.95*750 = 5212.50 + 26212.50 = 34125.00 Rs. Max Loss=Unlimited. (2) INFY (801.25) LOT SIZE 1200 shares Buy One Call Option of Septembe...