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Directional calls by BULLET ADVISORY

Share share this post on Whatsapp  Eyes on Federal Reserve’s decision to increase the interest rates BSE Sensex (25201.90)   and NSE Nifty(7655.05) closed down   by   4.5% and 4.3% respectively   last week.Nifty   call option September   8000 was very active.Nifty September future was quoting at the premium of   7.00 points.Support for Sensex is at   24220 and Nifty at 7350. Resistance for Sensex is at 26100 and Nifty at 7920. SUN TV   and   IBULHSGFIN   added Open Interest in September   series.Huge position was build up at   RCOM   September   put   Option Strike Price 45.Good build up was also seen at   ICICI BANK   September   put   Option Strike Price 230. Strategy   for Futures Option players (1)   IOC (408.60)    Future-Lot Size 1000 shares. Buy One   Lot   September   Future   @ 408.60 Rs. S...