Pivot point analysis by BULLET ADVISORY
Rupee dollar movement will dictate trend on the bourses BSE Sensex (33679.24) and NSE Nifty(10389.70) closed respectively last week. IDFC and IDFCBANKBANK added Open Interest in December series.Huge position was build up at SUZLON December 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)ASHOK LEYLAND (118.35) Future-Lot Size 7000 shares. Buy One Lot December Future @ 118.35 Rs. Sell One Call Option Decem ber strike price 120.00 @ 1.60 Rs Premium Received = 1.60*7000 = 11200.00 Rs Maximum Profit= 120.00 – 118.35 = 1.65*7000 = 11550 + 11200.00 = 22750.00 Rs. Max Loss=Unlimited. (2) GMR INFR...