Saturday, July 20, 2013

monsoon session of the Parliament begins on 5 August 2013



BSE Sensex (20149.85)   and Nifty (6029.20) closed  up  by  1 % and  0.3 % respectively last week.Nifty Future July was quoting at  7.20  points premium.Nifty PUT option July  6000 was very active.Support for Sensex is at  19780.Resistance for Sensex is at 20380. Support for Nifty is at 5940 and resistance at 6090.


TCS  and  RELIANCE IND  added Open Interest in July series.Huge position was build up at  TCS  July Call Option Strike Price 1700.Good build up was also seen at  RELIANCE  Call July  Option Strike Price 920.


Strategy  for Futures Option players.                                                                 


(1) WIPRO (391.40) lot size 500 shares                                                                                                                                                                                                                         
Buy One Call Option of  AUGUST Strike Price 390@ 21.50 Rs
Sell One Call Option of  AUGUST Strike Price 400@ 16.00 Rs.
Premium .Paid= 21.5*500 = 10750.00 Rs.
Premium Received= 16*500 =  8000.00 Rs.
Net Premium Paid= 10750 – 8000 = 2750.00 Rs.
Maximum Profit= 400-390= 10*500 = 5000 – 2750= 2250.00 Rs.
 Maximum Loss=  2750.00 Rs.
Break Even = 395.50


(2) DABUR (167.85)   Future-Lot Size 2000 shares.
Buy One Lot  JULY  Future  @ 167.85 Rs
Sell One Call Option of  JULY Strike Price 170@ 2.65 Rs.
Premium Received= 2.65*2000 = 5300.00 Rs
Maximum Profit= 170-167.85 = 2.15*2000 = 4300.00 + 5300.00 = 9600.00 Rs.
Max Loss=Unlimited.
           

Trading Idea

(1) COLPAL (1497.05) Buy this stock in decline and trade                                                                                                                                                                                                                                .
(2) ITC (369.05) Buy this stock in decline and trade









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2 comments:

NIFTY TRADING TIPS said...

Its good to be here, very nice post, the content is amazing, keep posting friend it will be very helpful for everyone, Thanks for sharing. I really liked it.you can also read Check nifty

NIFTY TRADING TIPS said...

Its good to be here, very nice post, the content is amazing, keep posting friend it will be very helpful for everyone, Thanks for sharing. I really liked it.you can also read Check nifty

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