BSE Sensex (19784.08) and Nifty (6016.15) closed up by 1.7% and 1.8% respectively last week.Nifty Future January was quoting at 31.35 points premium.Nifty call option January 6100 was very active.Support for Sensex is at 19520. Resistance for Sensex is at 20000. Support for Nifty is at 5930 and resistance at 6100.
Review
of monetary policy 2012-13 by RBI scheduled on 29 January 2013.
SBI and IFCI added Open Interest in January series.Huge position
was build up at SBI January
Call Option Strike Price 2500.Good build up was also seen at IFCI January
Call Option Strike Price 37.50.
Strategy for Futures Option players.
(1) RCOM
(80.65) lot size 4000 shares
Buy One Call Option of January Strike
Price 80@ 4.25 Rs
Sell One Call Option of January Strike
Price 85@ 2.25 Rs.
Premium .Paid = 4.25*4000= 17000.00 Rs.
Premium Received= 2.25*4000= 9000.00 Rs.
Net Premium Paid =17000-9000= 8000 Rs.
Maximum Profit =85-80 = 5*4000 = 20000 –
8000 = 12000.00 Rs.-
Maximum Loss =
8000.00 Rs.
Break Even = 82 Rs.
(2) ICICI BANK (1188) Future-Lot Size 250 shares.
Buy One Lot January Future
@ 1188 Rs
Sell One Call Option of January Strike Price 1200@ Rs.24.70
Premium Received= 24.70*250 = 6175 Rs
Maximum Profit= 1200- 1188 = 12*250 =.3000
+ 6175 = 9175.00 Rs.
Max Loss=Unlimited.
Trading Idea
(1) SBI (2486.70) Buy this stock in decline
and trade
.
(2) REL CAPITAL (501.75) Buy this stock in
decline and trade
By
Bullet Advisory.
Traders trade with us.
Funds follow us.
Globe track us.
What are you waiting for?
Join us.
Bullet Advisory.
Narendra
Nainani
Mobile No. +919898162770
Website www.subscriptionnarendranainani.blogspot.com
1 comment:
Good post and tips! thanks..
bottom fishing stock trading
Post a Comment