RSI momentum oscillators based buy sell tips by BULLET ADVISORY
BPCL and HINDALCO will declare results next week We can see through the charts. We can write it on the wall. What are you waiting for? We are BULLET BSE Sensex (31028.21) and NSE Nifty(9595.10) closed last week. ASHOK LEYLAND and HINDALCO added Open Interest in June series.Huge position was build up at SUZLON June call Option Strike Price 20.00.Good build up was also seen at JPASSOCIAT call Option Strike Price 15.00. Strategy for Futures Option players (1) GODREJ INDUSTRIES (596.10) Future-Lot Size 1500 shares. Buy One Lot June Future @ 596.10 Rs. Sell One Call Option June strike price 620.00 @ 10.00 Rs Premium Received = 10.00*1500 = 15000.00 Rs Maximum Profit= 620.00 – 596.10 = 23.90*1500 = 35850.00 + 15000.00 = 50850.00 Rs. Max Loss=Unlimited. (2) RELIANCE INDUST...