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Showing posts from March, 2012

further clarification on GAAR-(general anti avoidance rules) by the government

BSE Sensex (17404.20) and Nifty (5295.55) closed up 0.2% and 0.3% respectively last week.Nifty Future April was quoting at 27.95 points premium.Nifty call option April 5400 was very active.Support for Sensex is at 17250. Resistance for Sensex is at 17590 .Support for Nifty is at 5245 and resistance at 5355 Government’s intention of not taxing Participatory Notes(P-Notes) was welcomed by the market participants.Market remains closed on 5THand 6TH Aril,2012 because of Mahavir Jayanti and Good Friday respectively. IFCI and Hindalco added Open Interest in April series.Huge position was build up at IDFC Call Option Strike 150.Good build up was also seen at IFCI April Call Option Strike Price 45. Strategy for Futures Option players. 1)Ashok Leyland(30.35) lot size 8000 shares Buy One Call Option of April Strike Pri...

bought Tata Steel

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FIIs’ remain net buyers

BSE Sensex (17361.74) and Nifty (5278.20) closed down 0.6% and 1.9% respectively last week.Nifty Future March was quoting at 19.80 points premium.Nifty call option March 5300 was very active.Support for Sensex is at 17100. Resistance for Sensex is at 17650 .Support for Nifty is at 5190 and resistance at 5370 Future and options contracts expire on 29th March 2012. SBI and Tata Steel added Open Interest in March series.Huge position was build up at SBI March Call Option Strike Price 2200.Good build up was also seen at Tata Steel March Call Option Strike Price 460. Strategy for Futures Option players. 1)PETRONET(163.75) lot size 2000 shares Buy One Call Option of March Strike Price 160@5.40 Rs Sell One Call Option of March Strike Price 170@0.85 Rs. Premium .Paid= 5.40*2000=10800.00 Rs. Premium Received= 0.85...

bought TCS

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bought ICICI Bank

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balanced budget may invite sector specific buying at lower levels

BSE Sensex (17466.20) and Nifty (5317.90) closed down 0.2% and 0.3% respectively last week.Nifty Future March was quoting at 24.80 points premium.Nifty call option March 5500 was very active.Support for Sensex is at 17260. Resistance for Sensex is at 17860 .Support for Nifty is at 5250 and resistance at 5390 Investors will carefully watch the crude oil price movement in coming days. SBI and ICICI Bank added Open Interest in March series.Huge position was build up at SBI March Call Option Strike Price 2400.Good build up was also seen at RIL March Call Option Strike Price 800. Strategy for Futures Option players. 1)MARUTI(1374.35) lot size 250 shares Buy One Call Option of March Strike Price 1350@50.65 Rs Sell One Call Option of March Strike Price 1450@11 Rs. Premium .Paid= 50.65*250=12662.50 Rs. Premium Rec...

buy RIMM

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bought CAT

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bought Maruti

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RBI monetary policy review on 15th March 2012

BSE Sensex (17503.2) and Nifty (5333.55) closed down 0.8% and 0.5% respectively last week.Nifty Future March was quoting at 38.45 points premium.Nifty call option March 5400 was very active.Support for Sensex is at 17110. Resistance for Sensex is at 17780 .Support for Nifty is at 5210 and resistance at 5420 Railway budget and union budget will be presented on 14th and 16th March 2012 respectively. SBI and ICICI Bank added Open Interest in March series.Huge position was build up at SBI March Call Option Strike Price 2300.Good build up was also seen at ICICI March Call Option Strike Price 900. Strategy for Futures Option players. 1)CAIRN(375.20) lot size 1000 shares Buy One Call Option of March Strike Price 360@19.70 Rs Sell One Call Option of March Strike Price 380@10 Rs. Premium .Paid= 19.70*1000=19700.00 ...

expectations from union budget will affect the stock prices

BSE Sensex (17636.80) and Nifty (5359.35) closed down 1.6% and 1.3% respectively last week.Nifty Future March was quoting at 31.70 points premium.Nifty call option March 5600 was very active.Support for Sensex is at 17350. Resistance for Sensex is at 17960 .Support for Nifty is at 5265 and resistance at 5460 Market remains closed on 8th March 2012 because of Holi.Railway budget and union budget will be presented on 14th and 16th March 2012 respectively. SBI and DLF added Open Interest in March series.Huge position was build up at SBI March Call Option Strike Price 2300.Good build up was also seen at DLF March Call Option Strike Price 220.. Strategy for Futures Option players. 1)Alok Textile(21.10) lot size 11000 shares Buy One Call Option of March Strike Price 20@2.20 Rs Sell One Call Option of March Stri...