Saturday, November 23, 2013

Indian share market advice by Bullet Advisory



FOMC policy meet on 17-18 December 2013


BSE Sensex (20217.39)   and Nifty (5995.45) closed  down  by  0.9 % and  1 % respectively last week.Nifty Future November was quoting at  36.05  points premium.Nifty Call option November  6100 was very active.Support for Sensex is at  19950.Resistance for Sensex is at 20420. Support for Nifty is at 5920 and resistance at 6060.


WIPRO  and  IDEA  added Open Interest in NOVEMBER series.Huge position was build up at  CAIRN  November CALL Option Strike Price 330.Good build up was also seen at  MC DOWELL-N  November CALL Option Strike Price 2450.


Strategy  for Futures Option players.                                                               

(1)    HINDALCO  (118.40) lot size 2000 shares                                                                                                                                                                                                             
Buy One Call Option of  DECEMBER Strike Price 120@ 5.80 Rs
Sell One Call Option of  DECEMBER Strike Price 125 @ 3.95 Rs.
Premium .Paid= 5.8*2000 = 11600.00 Rs.
Premium Received= 3.95*2000 =  7900.00 Rs.
Net Premium Paid= 11600 – 7900 = 3700.00 Rs.
Maximum Profit= 125-120= 5*2000 = 10000 – 3700= 6300.00 Rs.
 Maximum Loss=  3700.00 Rs.
Break Even = 121.85


(2) IDEA (176.45)   Future-Lot Size 2000 shares.
Buy One Lot  DECEMBER  Future  @ 176.45 Rs
Sell One Call Option of  DECEMBER Strike Price 185 @  Rs.3.80
Premium Received= 3.8*2000 = 7600.000 Rs
Maximum Profit= 185 -176.45 = 8.55*2000 = 17100.00 + 7600.00 = 24700.00 Rs.
Max Loss=Unlimited.
           
Trading Idea

(1) CAIRN (327.05) Buy this stock in decline and trade                                                                                                                                                                                                                                .
(2) ONGC (278.20) Buy this stock in decline and trade





Website www.bulletadvisory.com Website www.subscriptionnarendranainani.blogspot.com

2 comments:

Stock Tips Tomorrow said...

give some technical view for CALL PUT TIPS and TODAY STOCK TIPS

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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