What is the significant difference between MACD and MFI with regards to a trading decision?

 MACD resembles sitting down before the train starts and MFI resembles hopping into a running train. Which sort of a trader you are? That's why we are called BULLET - BULLET ADVISORY.

 

Nifty METAL  INDEX up by  2.00% over the past month.


BSE Sensex (52474.76) and Nifty (15799.35) closed respectively last week.

 

AUROPHARMA and MGL added Interest in the JUNE series. A Huge position was building up at COAL INDIA  call Option Strike Price 170.00. The Good build up was also seen at SAIL call Option Strike Price 135.00

 

Change in open interest % Change

MPHASIS    .    159,900    35    .
CUB    .              2,005,700    26    .
AUROPHARMA    1,970,150    19    .
COALINDIA    8,782,200    17    .
MGL    .              254,400    13    .
TECHM    .    1,284,600    12    .
GLENMARK    784,300    9    .
BOSCHLTD    6,350             7    .
POWERGRID    1,216,000    7    .
NIFTY    .    720,450    6    .
HINDALCO    1,614,650    6    .
SAIL    .              9,604,496    6    .
ESCORTS    .    355,850    6    .
DRREDDY        137,250    5    .


We can see through the charts.
We can write it on the wall.
What are you waiting for?
We are BULLET


Trading Strategies F & O

 

(1) DR REDDY (5483.00) Lot size 125 shares.
Buy One Lot JUNE Future @ 5483.00
Sell One Call Option JUNE strike price 5500.00@ 122.00 Rs.
Premium Received = 122*125 = 15250.00 RS
Maximum Profit=  5500.00 - 5483.00 = 17*125 = 2125.00 + 15250.00= 17375.00 Rs,
Max Loss=Unlimited.
 
 

(2) MGL (1226.90) Lot size 600 shares
Buy One Call Option of JUNE Strike Price  1220.00@48.00
Sell One Call Option of JUNE Strike Price  1240.00@38.75
Premium Paid = 48*600 = 28800.00
Premium Received = 38.75*600 = 23250.00
Net Premium Paid = 28800.00 - 23250 = 5550.00 Rs.
Maximum Profit = 1240.00- 1220.00 = 20*600 = 12000.00 - 5550.00 = 6450.00. Rs
Maximum Loss = 5550.00
Break Even = 1229.25
 
 

Trading Idea
 
 

(1)  LTI (4173.85) Buy this stock in decline and trade.
 
 

(2)  GLENMARK (652.90) Buy this stock in decline and trade.


 
By
Bullet Advisory.
Traders trade with us.
Funds follow us.
Globe track us.
What are you waiting for?
Join us.
we are BULLET

By Bullet Advisory. Traders trade with us. Funds follow us. Globe track us. What are you waiting for? Join us. we are BULLET We can see through the charts. We can write it on the wall. Still what are you waiting for? We are BULLET. Happy with the quality of our free calls?Then don't waste your time.Subscribe to our paid services to get more calls like this live because the time and timing always matters.