Bank of England will announce policy decision on 10
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 (25638.40) and NSE Nifty(7781.90) closed down
by 1.9% and 2.1% respectively last week.Nifty call option December 8000 was very active.Nifty December future was quoting at the premium
of 47.45 points.Support for Sensex is
at 25210 and Nifty at 7650. Resistance
for Sensex is at 26050 and Nifty at 7910.
ADANI POWER
and
SUNPHARMA added Open Interest in December series.Huge position was build
up at GMRINFRA December
put Option Strike Price 15.Good
build up was also seen at RCOM December put Option Strike Price 75.
Strategy for Futures Option players
(1) CAIRN (139.85) Future-Lot Size 3000 shares.
Buy One
Lot December Future
@ 139.85Rs.
Sell One
Call Option December strike price 145@
2.85Rs
Premium
Received= 2.85*3000= 8550.00 Rs
Maximum
Profit= 145 – 139.85= 5.15*3000= 15450 + 8550 = 24000.00 Rs.
Max
Loss=Unlimited.
(2) L &
T FIN (68.40) LOT SIZE 8000 shares
Buy One Call Option of December
Strike Price 67.50@ 2.45 Rs.
Sell One Call Option of December
Strike Price 72.50@ 0.70Rs.
Premium
Paid = 2.45*8000 = 19600.00 Rs.
Premium
Received= 0.70*8000 = 5600.00 Rs.
Net Premium
Paid= 19600 – 5600= 14000.00 Rs.
Maximum
Profit = 72.50 -67.50= 5*8000= 40000.00 – 14000.00 = 26000.00Rs.
Maximum
Loss= 14000.00 Rs.
Break
Even= 69.25
Trading
Idea
1)
MRF (39630.80)
Buy this stock in decline and trade.
.
2)
SUNPHARMA (755.40) Buy this stock in decline and trade.
By
Bullet
Advisory.
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trade with us.
Funds
follow us.
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us.
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Join us.
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BULLET
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