Saturday, August 31, 2013

Equity Trading & Equity Portfolio Advisory India Bullet



Geo-political concerns in the Middle East hit global equity markets


BSE Sensex (18619.72)   and Nifty (5471.80) closed  up  by  0.5 % and  0.01 % respectively last week.Nifty Future September was quoting at  9.80  points discount.Nifty Call option September  5500 was very active.Support for Sensex is at  18270.Resistance for Sensex is at 19050. Support for Nifty is at 5370 and resistance at 5600.


HIND ZINC  and  SUN PHARMA added Open Interest in SEPTEMBER series.Huge position was build up at  CIPLA  CALL Option Strike Price 440.Good build up was also seen at  TCS  September CALL Option Strike Price 2080.


Strategy  for Futures Option players.                                                               


(1)TCS (2033.20) lot size 250 shares                                                                                                                                                                                                                         
Buy One Call Option of SEPTEMBER Strike Price 2000@ 83.50 Rs
Sell One Call Option of  SEPTEMBER Strike Price 2040@ 73.00 Rs.
Premium .Paid= 83.50*250 = 20875.00 Rs.
Premium Received= 73.00*250 =  18250.00 Rs.
Net Premium Paid= 20875 – 18250 = 2625.00 Rs.
Maximum Profit= 2040-2000= 40*250 = 10000 – 2625= 7375.00 Rs.
 Maximum Loss=  2625.00 Rs.
Break Even = 2010.50


(2) DR REDDY  (2291.55)   Future-Lot Size 125 shares.
Buy One Lot  SEPTEMBER  Future  @ 2291.55 Rs
Sell One Call Option of  SEPTEMBER Strike Price 2300@ 95.00 Rs.
Premium Received= 95*125 = 11875.00 Rs
Maximum Profit= 2300-2291.55 = 8.45*125 = 1056.25 + 11875.00 = 12931.25 Rs.
Max Loss=Unlimited.
           

Trading Idea

(1) INFY (3105.85) Buy this stock in decline and trade                                                                                                                                                                                                                                .
(2) WIPRO (483.60) Buy this stock in decline and trade







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