Most trusted advisory India - Bullet Advisory
Pharma stocks find support at lower levels BSE Sensex (37332.79) and NSE Nifty(11023.25) 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 ICICI BANK and PNB added Open Interest in September series.Huge position was build up at IDEA August call Option Strike Price 6.Good build up was also seen at YESBANK call option Strike Price 60. (1) WIPRO (254.25) Future-Lot Size 3200 shares. Buy One Lot September Future @ 254.25 Rs. Sell One Call Option September strike price 260@ 3.45 Rs Premium Received = 3.45*3200 = 11040.00 Rs Maximum Profit= 260.00 – 254.25 = 5.75*3200 = 18400.00 + 110140.00 = 29440.00 Rs. Max Loss=Unlimited. (2) SUNPHARMA (452.15) LOT SIZE 1100 shares Buy One Call Option of September Strike Price 440 @ 24.4 0 Rs. Sell One Call Option of September Strike Price 460 @ 14.45 ...