Upward and downward trend analysis by BULLET ADVISORY
Fed policy outcome to dictate trend BSE Sensex (33157.22) and NSE Nifty(10323.05) closed respectively last week. JSWENERGY and ITC added Open Interest in November series.Huge position was build up at SUZLON November call Option Strike Price 17.50.Good build up was also seen at GMRINFRA call Option Strike Price 20.00. Strategy for Futures Option players (1) DR REDDY (2400) Future-Lot Size 200 shares. Buy One Lot November Future @ 2400.00 Rs. Sell One Call Option November strike price 2400.00 @ 106.00 Rs Premium Received = 106.00*200 = 21200.00 Rs Maximum Profit= 2400.00 – 2400.00 = 00.00 + 21200.00 = 21200.00 Rs. Max Loss=Unlimited. (2) SUN PHARMA (551) LOT SIZE 800 shares Buy One Call Option of N...