All
eyes to watch progress of Insurance and Service tax amendment bills during
winter session of the parliament
BSE Sensex
(28458.10) and NSE Nifty(8538.30) closed down by 0.8%
and 0.6% respectively last week.Nifty Future was quoting at 32.70 points premium.Nifty call option December 8600 was very active.Support for Sensex is
at 28280 and Nifty at 8480. Resistance
for Sensex is at 28720 and Nifty at 8605.
RPOWER and ITC added Open
Interest in December series.Huge position was build up at DLF December call Option Strike Price 160.Good build up
was also seen at SBI December put Option Strike Price 270.
Strategy for Futures Option players.
(1) HIND ZINC (174.90) Future-Lot Size 2000 shares.
Buy One Lot December Future
@ 174.90 Rs
Sell One Call Option December strike price 185@ 2.45 Rs
Premium Received=2.45*2000= 4900.00 Rs
Maximum Profit=185– 174.90 = 10.10*2000= 20200.00
+ 4900.00 = 25100.00 Rs.
Max Loss=Unlimited.
(2) DISH TV (67.70) LOT SIZE 4000 shares
Buy
One Call Option of DECEMBER
Strike Price 67.50@ 2.85 Rs.
Sell
One Call Option of DECEMBER
Strike Price 72.50@ 1.05 Rs.
Premium Paid = 2.85*4000 = 11400.00 Rs.
Premium Received=1.05*4000= 4200.00 Rs.
Net Premium Paid= 11400.00-4200.00= 7200.00 Rs.
Maximum Profit =72.50-67.50=5*4000=20000– 7200.00
=12800.00 Rs.
Maximum Loss= 7200.00 Rs.
Break Even= 69.30
Trading Idea
(1) ITC (391.35) Buy this stock in
decline and trade.
.
(2) DLF (161.70) Buy this stock in decline and trade.
By
Bullet Advisory.
Technical Analysis is our backbone.
we are BULLET.
Website www.bulletadvisory.com Website www.subscriptionnarendranainani.blogspot.com
1 comment:
BLOOD BATH IN MRF FUT SUPER PREMIUM !! GIVEN@37750 NOW LOW@36750 PROFIT Rs.125000
equity tips free trial
Post a Comment