Thursday, 4 April 2013

Banknifty and JP ASSOCIATE

BANKNIFTY

Bearspread strategy:
Buy 11100 PUT at 200-210 and sell 11000 PUT at 160-170
Maximum profit around Rs. 1500 and maximum loss around Rs.950.

One can take multiple lots depending upon risk taking ability.

Bit risky strategy:
Sell JP Associate future @ 63.5 and buy buy 65 CALL around 2.50. This is strategy only for tomorrow. Target 61/59.5 in future.
Once it reaches target, exit both Future and 65 CALL option. If one could exit tomorrow, loss would not be more than 2000-3000/- . Profit potential about 3000 to 4000.

Disclaimer: This blog does not take responsibility of your profit/loss

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