Trades for the week ahead

NIFTY has formed a broad range.
There could be very stock specific trades in near future.

LT
It formed base around 1700. Look at the option table.

From chart also it is clear that LT has bounced back from short term support around 1620.

It is reasonably safe to sell PUTs of LT of 1650 contracts around Rs. 14/-
Sell 2 lots of LT 1650 PUTs, this will help in credit balance in your account and around 7000/-

Infosys:
Very good stock for long term investor, but in spite of weakening in Rupee stock was not doing well in comparison with its peers in recent past.

It has entered in to Ichimoku cloud in day chart.
Look at the OI table.

Strong resistance is around 2300 which has maximum OI
So 2350 CALL appears to be safe.
Sell 2350 INFY CALL (one lot) around 25-26.
This will help credit balance in your account around 6500/-

So total credit will be around 15000/- in your trading account.

DishTV
It has given clear breakout with volume and might move further based on the news of set up box portability.

Buy 87.5 CALL around 1.6-1.9.

In short, trades for next week could be as follows:

1. Sell 2 lots of LT 1650 PUTs
2. Sell 1 lot of Infosys 2350 CALL 
3. Buy Dish TV 87.5 CALL

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