Trendline patterns study by BULLET ADVISORY

RBI monetary policy to be announced on 5 April 2018

BSE Sensex (32968.68)  and NSE Nifty (10113.70) closed  respectively  last week.

ASHOKLEY  and  YESBANK  added Open Interest in April series.Huge position was build up at   SUZLON April call  Option Strike Price  15.00.Good build up was also seen at GMRINFRA  call  Option Strike Price  20.00.

Strategy  for Futures Option players

(1)   HERO MOTOCORP  (3529)   Future-Lot Size  200 shares.

Buy One Lot  April Future  @  3529.00  Rs.
Sell One Call Option April strike price  3550 @  50.00 Rs
Premium Received =  50*200  = 10000.00 Rs
Maximum Profit=  3550.00  –  3529.00  =  21*200 = 4200.00 + 10000.00  =  14200.00 Rs.
Max Loss=Unlimited.

(2)    YESBANK (304) LOT SIZE  1750 shares
Buy  One Call Option of  April Strike Price  300@  16.00 Rs.
Sell  One Call Option of  April  Strike Price  320@  7.00 Rs.
Premium Paid =  16*1750  =  28000.00 Rs.
Premium Received =  7*1750 = 12250.00 Rs.
Net Premium Paid = 28000.00 – 12250.00 =  15750.00 Rs.
Maximum Profit =  320.00 – 300.00 =  20.00*1750 = 35000.00  – 15750.00 =  19250.00 Rs.
Maximum Loss =  15750.00 Rs.

BREAKEVEN = 309.00

Trading Idea

(1) APOLLO HOSPITALS(1064.65) Buy this stock in decline and trade.

(2) COLPAL (1056.90) Buy this stock in decline and trade.

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