Bullet Advisory Analyses Indian Share Market Future Stocks Call Put Options
Bullet Advice For Indian Stocks Weekly – market shed some gain on the hawkish statement by central bank BSE Sensex (17868.30) and Nifty (5367.60) closed down 1.4% and 1.5% respectively last week.Nifty Future August was quoting at 3.40 points premium..Nifty Call Option August 5400 was very active.Support for Sensex is at 17620. Resistance for Sensex is at 18100 .Support for Nifty is at 5280 and resistance at 5440. Monsoon rains were satisfactory last week.ICICI Bank,GAIL,Hindalco,IDFC and Power Grid will announce Q1 results next week. RIL and SBI added Open Interest in August series.Huge position was build up at RIL August Call Option Strike Price 1020.Good build up was also seen at SBI August Call Option Strike Price 2500. Strategy for Futures Option players. 1)Idea(70.60) Lot Size-4000 Shares Buy One Call Option of August Strike Price 70@2.30 Rs Sell One Call Option of August Strike Price 75@0.85 Rs. Premium .Paid=2.30*4000= 9200.00.00 Rs. Premium Received=0.8...