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Showing posts from April, 2019

Fibonacci retracement levels study by Bullet Advisory

Federal Reserve meet to decide on interest rates on 30 April and 1 May BSE Sensex (39067.33) and NSE Nifty(11754.70) closed respectively last week. We can see through the charts. We can write it on the wall. What are you waiting for? We are BULLET IDEA and SAIL added Open Interest in May series.Huge position was build up at SUZLON May call Option Strike Price 2.Good build up was also seen at IDEA call option Strike Price 16. Trading Strategies F & O (1)     SRF (2565) Future-Lot Size 250 shares. Buy One Lot May Future @2565.00 Rs. Sell One Call Option May strike price 2600@ 67.50 Rs Premium Received = 67.50*250 = 16875.00 Rs Maximum Profit=   2600.00 – 2565.00= 35*250 = 8750.00 + 16875.00 = 25625.00 Rs. Max Loss=Unlimited. (2) TATAPOWER (67.65) LOT SIZE 9000 shares Buy One Call Option of May Strike Price 67.50 @ 3.15 Rs. Sell One Call Option of May Strike Price   70.00 @ 1.90 Rs. Premium Paid = 3.15...

CCI and ADX based buy calls by BULLET ADVISORY

Wipro will buyback 5.35% shares @325 per share BSE Sensex (39140.28) and NSE Nifty(11752.80) closed respectively last week. We can see through the charts. We can write it on the wall. What are you waiting for? We are BULLET VGUARD and RELIANCE INDUSTRIES added Open Interest in May series.Huge position was build up at SUZLON May call Option Strike Price 7.Good build up was also seen at IDEA call option Strike Price 18.10. Trading Strategies F & O (1)     HINDPETRO (268.65) Future-Lot Size 2100 shares. Buy One Lot May Future @268.65 Rs. Sell One Call Option May strike price 270@ 13.50 Rs Premium Received = 13.50*2100 = 28350.00 Rs Maximum Profit=   270.00 – 268.65 = 1.35*2100 = 2835.00 + 28350.00 = 31185.00 Rs. Max Loss=Unlimited. (2) JSW STEEL (299.60) LOT SIZE 1500 shares Buy One Call Option of May Strike Price 300.00 @ 17.00 Rs. Sell One Call Option of May Strike Price   310.00 @ 12.50 Rs. Premium...