Nifty METAL INDEX closed up 17% over last one month .
BSE Sensex (48732.55) and Nifty (14677.80) closed respectively last week.
PIIND and UPL added Interest in MAY series.Huge position was build up at ASIANPAINT call Option Strike Price 2820.00.Good build up was also seen at COLPAL call Option Strike Price 1700.00
We can see through the charts.
We can write it on the wall.
What are you waiting for?
We are BULLET
Trading Strategies F & O
(1) ITC (213.85) Lot size 3200 shares.
Buy One Lot MAY Future @ 213.85
Sell One Call Option MAY strike price 215.00@ 4.90 Rs.
Premium Received = 4.90*3200 = 15680.00 RS.
Maximum Profit= 215.00 - 213.85 = 1.15*3200 = 3600.00 + 15680.00= 19360.00 Rs,
Max Loss=Unlimited.
(2) BATA INDIA (1386.90) Lot size 550 shares
Buy One Call Option of MAY Strike Price 1380.00@41.95
Sell One Call Option of MAY Strike Price 1400.00@33.00
Premium Paid = 41.95*550 = 23072.50
Premium Received = 33*550 = 18150.00
Net Premium Paid = 23072.50 - 18150.00 = 4922.50 Rs.
Maximum Profit = 1400.00- 1380.00=20*550 = 11000.00 - 4922.50 = 6077.50. Rs
Maximum Loss = 4922.50
Break Even = 1388.95
Trading Idea
(1) UPL (743.30) Buy this stock in decline and trade.
(2) LT (1415.50) Buy this stock in decline and trade.
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By Bullet Advisory. Traders trade with us. Funds follow us. Globe track us. What are you waiting for? Join us. we are BULLET We can see through the charts. We can write it on the wall. Still what are you waiting for? We are BULLET. Happy with the quality of our free calls?Then don't waste your time.Subscribe to our paid services to get more calls like this live because the time and timing always matters. .Website www.bulletadvisory.com Website www.subscriptionnarendranainani.blogspot.com .
