We can see through the charts.
We can write it on the wall.
What are you waiting for?
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RBI’s next policy review meet
is scheduled on 4 August 2015
BSE
Sensex (28092.79)  and NSE Nifty(8484.90) closed up  by 1%
and  1.2% respectively  last week.Nifty  call option July  8600 was very active.Nifty July future was
quoting at the premium of 10.10 points.Support for Sensex is at  27800 and Nifty at 8390. Resistance for
Sensex is at 28400 and Nifty at 8590.
FEDERAL
BANK  and  ICICI
BANK  added Open Interest in July series.Huge position was build up at  SBI  July  call 
Option Strike Price 280.Good build up was also seen at  ICICI BANK 
July  call  Option Strike Price 310.
Strategy  for Futures Option players
(1)AXIS
BANK (582.50)   Future-Lot Size 500
shares.
Buy
One Lot July  Future 
@ 582.50 Rs.
Sell
One Call Option July 
strike price 600@ 11.30 Rs
Premium Received= 11.30*500= 5650.00
Rs
Maximum Profit= 600 – 582.50=
17.5*500= 8750.00 + 5650.00 = 14400.00 Rs.
Max Loss=Unlimited.
(2) AMBUJA CEMENT (242.35) LOT
SIZE 1000 shares
Buy  One Call Option of   July Strike Price 240@ 7.70 Rs.
Sell  One Call Option of   July Strike Price 250@ 3.80 Rs.
Premium Paid = 7.70*1000 = 7700.00
Rs.
Premium Received= 3.80*1000 = 3800.00
Rs.
Net Premium Paid= 7700 – 3800= 3900.00
Rs.
Maximum Profit = 250 - 240=
10*1000= 10000.00 – 3900.00 = 6100.00 Rs.
Maximum Loss= 3900 Rs.
Break Even= 243.90
Trading Idea
 (1) INDUS IND BANK (893.50)
Buy this stock in decline and trade.                                                                                                                                                                                                                              
.
(2)  BATA INDIA (1086.40)
Buy this stock in decline and trade.
By  
Bullet Advisory.
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1 comment:
The stock tips provided here was very accurate. Thanks for sharing the advice with us.
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