RBI will announce monetary policy on 1 December 2015
We can see through the charts.
We can write it on the wall.
What are you waiting for?
We are BULLET
BSE Sensex (26128.20)
and NSE Nifty(7942.70) closed up
by 1% and 1.1% respectively last week.Nifty put option December 7800 was very active.Nifty December future was quoting at the premium
of 33.25 points.Support for Sensex is
at 25800 and Nifty at 7850. Resistance
for Sensex is at 26500 and Nifty at 8050.
GMR INFRA and JPASSOCIAT
added Open Interest in December series.Huge position was build up
at ASHOK LEYLAND December
call Option Strike Price 100.Good
build up was also seen at HINDALCO December
call Option Strike Price 77.50.
Strategy for Futures
Option players
(1) SBIN
(250.05) Future-Lot Size 2000 shares.
Buy One Lot
December Future @ 250.05 Rs.
Sell One Call Option December strike price 260@ 4.50 Rs
Premium Received= 4.5*2000= 9000.00 Rs
Maximum Profit= 260 –
250.05= 9.95*2000= 19900 + 9000 = 28900.00 Rs.
Max Loss=Unlimited.
(2) ICICI BANK (270.05) LOT SIZE 1700 shares
Buy One Call Option
of December Strike Price 270@ 9.30 Rs.
Sell One Call Option
of December Strike Price
280@ 5.25 Rs.
Premium Paid = 9.30*1700 = 15810.00 Rs.
Premium Received= 5.25*1700 = 8925.00 Rs.
Net Premium Paid= 15810 – 8925= 6885.00 Rs.
Maximum Profit = 280 -270= 10*1700= 17000.00 – 6885.00
= 10115.00 Rs.
Maximum Loss= 6885.00 Rs.
Break Even= 274.05
Trading Idea
1)
UNION BANK
(168.25) Buy this stock in decline and trade.
.
2)
ORIENT BANK
(155.15) 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
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1 comment:
Hi,
its really nice post. i apprentice for your post. thanks for shearing it with us. keep it up.
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