Next RBI monetary policy review on 3 June 2014
BSE Sensex (22688.07) and NSE Nifty(6782.75) closed
up by 0.3% and 0.1%
respectively last week.Nifty Future May
was quoting at 42.40 points premium.Nifty put
option May 6500 was very active.Support
for Sensex is at 22460 and Nifty at 6700.
Resistance for Sensex is at 22870 and Nifty at 6840.
HDIL and UPL added Open Interest in May series.Huge position was build up at HDIL
April
Call Option Strike Price 90.Good build up was also seen at UNITECH May Call Option Strike Price 17.50.
Strategy for Futures Option
players.
(1)
IOB(54.80) Future-Lot Size 8000
shares.
Buy One Lot
MAY
Future
@54.80 Rs
Sell One Call Option of MAY Strike Price 55@ Rs.3.0
Premium Received=3*8000=
24000.00 Rs
Maximum Profit=55– 54.80
= 0.2*8000= 1600 + 24000 = 25600.00 Rs.
Max Loss=Unlimited.
(2) IBREALEST (66.60)
LOT SIZE 4000 shares
Buy One Call Option of MAY
Strike Price 65@5.65 Rs.
Sell One Call Option of MAY Strike Price 67.50@4.30 Rs.
Premium Paid =
5.65*4000= 22600.00 Rs.
Premium
Received=4.30*4000=17200.00 Rs.
Net Premium Paid=
22600-17200=5400.00 Rs.
Maximum Profit =
67.50-65=2.5*4000= 10000.00 – 5400.00= 4600.00 Rs.
Maximum Loss= 5400.00
Rs.
Break Even= 66.35
Trading Idea
(1) YES BANK (468.40)
Buy this stock in decline and trade
.
(2) DR REDDY (2629.25) 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.
we are BULLET.
Website www.bulletadvisory.com Website www.subscriptionnarendranainani.blogspot.com
1 comment:
Share Market Investment made profitable by SHRISTOCKTIPS- Get NSE/BSE Tips via SMS and Yahoo Messenger. We give daily stock market tips for future and cash segments. Now as the present scenario of the market NIFTY showing buy side. But as we all know that buy on high is always involve high risk soADVICE TIPS, STOCK TIPSwe suggest all traders to be in the buy side of the market. But not fully invest your capital at the level of 6800.Invest some amount at this level & if comes at 6600 then invest remaining capital with the stoploss of 6500 for the target of 7100-7200. We suggest this due to the political factor that will play a very important role in the coming days. For further updates you can also visit our website. Our slogan is "Your profit is our success."
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