Saturday, June 30, 2012

Prime Minister Manmohan Singh takes additional charge of the finance ministry on Tuesday, 26 June 2012

 
BSE Sensex (17429.98) and Nifty (5278.90) closed up  2.7%  and  2.2%   respectively  last week.Nifty Future July was quoting at 9.85  points premium.Nifty call option July 5300 was very active.Support for Sensex is at  17000. Resistance for Sensex is at 17850 .Support for Nifty is at 5150 and resistance at 5410.

 ICICI Bank and  SBI added Open Interest in July  series.Huge position was build up at  SBI  Call Option Strike 2200.Good build up was also seen at  ICICI Bank July Call Option Strike Price 900.

Strategy  for Futures Option players.                                                                 

1)MARUTI(1169.75) lot size 250 shares                                                                                                                                                                                                                         
Buy One Call Option of  July Strike Price 1150@51.95  Rs
Sell One Call Option of July Strike Price 1200@28.25  Rs.
Premium .Paid= 51.95*250=12987.50 Rs.
Premium Received= 28.25*250= 7062.50 Rs.
Net Premium Paid=12987.50-7062.50=5925.00  Rs.
Maximum Profit==1200-1150 =50*250=12500-5925= 6575.00 Rs.-
 Maximum Loss=  5925.00 Rs.
Break Even Price= 1173.70


2)TCS(1286)   Future-Lot Size 250 shares.
Buy One Lot July   Future  @1286 Rs
Sell One Call Option of  July Strike Price 1300@ Rs.39.00
Premium Received=39*250= 9750.00 Rs
Maximum Profit=1300-1286 == 14*250=3500.00 + 9750.00=13250.00 Rs.
Max Loss=Unlimited.
           

Trading Idea
1)SBI(2159) Buy this stock in decline and trade                                                                                                                                                                                                                                .
2)Hindalco(119.90) Buy this stock in decline and trade




Traders trade with us.
Funds follow us.
Globe track us.
What are you waiting for?
Join US.
By 
Bullet Advisory.
Narendra Nainani
Mobile No. +919898162770
      


By
Bullet Advisory Indian Stocks-India's Top Most Stock Market Advice Blog,Hot Stock Tips by Expert Technical Analyst Narendra Nainani of India.Most Preferred Paid Subscription Stock Investment Advice Website India.Excellent Success Ratio with Superb trading ideas.Most Successful Stock Future Calls Provider Service Indian Share Market.
Mobile No. +919898162770
   Website   http://www.nainaninarendra.blogspot.com
Website www.subscriptionnarendranainani.blogspot.com

No comments:

facebook page

fb page

BULLET ADVISORY MONTHLY RECURRING SUBSCRIPTION WITH ONE MONTH OF DISCOUNTED PRICE(LIMITEDTIMEOFFER)

BULLET ADVISORY MONTHLY RECURRING SUBSCRIPTION

BULLET ADVISORY MONTHLY RECURRING SUBSCRIPTION