Gann chart analysis by Bullet Advisory
Auto stocks results will be watched carefully BSE Sensex (40793.81) and NSE Nifty(12056.05) 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 . ADANIPORTS and IDFCFIRSTB added Open Interest in December series.Huge position was build up at IDEA December call Option Strike Price 7.Good build up was also seen at YES BANK call option Strike Price 70. Trading Strategies F & O . (1) INFRATEL (261.45) Future-Lot Size 2000 share Buy One Lot December Future @ 261.45 Rs. Sell One Call Option December strike price 265 @ 18.55 Rs Premium Received = 18.55*2000 = 37100.00 Rs Maximum Profit= 265.00 – 261.45 = 3.55*2000 = 7100.00 + 37100.00 = 44200.00 Rs. Max Loss=Unlimited. (2) TATACHEM (675.20) LOT SIZE 900 shares Buy One Call Option of December Strike Price 670 @ 21.20 Rs. Sell One Call Option of December Strike Price 680 @ 18.50 Rs. Premium Pai...