Bharti Strategy 270712

I am back with a few trading ideas for the new contract. As luck would have it, it is Bharti again. Its not that I track only Bharti, but it is that the stock is poised for a break out. This is one stock that has not participated in any bull run for a long time now.

Idea Ref# - Bharti2707 

Buy Bharti Aug 2012 Fut at 302.00; and

Buy Bharti Aug 2012 320 put at 20.50

Rationale: The stock has not participated in the Nifty's 4800 to 5300 rally, but has participated in the down move. Some catch up rally will give handsome gains in the counter

Max loss from the strategy would be Rs. 2.50 per lot. (Lot size: 1000), irrespective of where the stock trades on the date of the expiry(30/08/2012). 

Profit is unlimited once the scrip crosses 322.50 on the August Futures Quote.

Stop Loss: Not required.

Regards
SVJ


Disclaimer: I have executed this strategy 

Goodbye July!!!

As a volatile July series comes to an end we are at the throes of a much more exiting August series.

In the series that went buy form the two strategies I had published, the total profit that got booked was Rs. 11600.

Lets hope the next series is more exiting and more profitable.

Regards
SVJ 

Cairn Strategy Exit

You can consider exiting the Cairn1712 Strategy :

Cairn Jul Fut @ 327
Cairn Jul 320 Put @ 1.30


Profit in Fut: Rs. 19500
Loss in Options : Rs. 14700
Nett Profit: Rs. 4800

Regards
SVJ

Bharti Strategy Exit

You can consider exiting the Bharti2712 Strategy :

Bharti Jul Fut @ 322
Bharti Jul 320 Put @ 8.80


Profit in Fut: Rs. 10000
Loss in Options : Rs. 3200
Nett Profit: Rs. 6800

Regards
SVJ

Bharti Strategy - 02/07/2012

In follow up to my earlier post, I am publishing an idea. Please consult your advisor or broker before executing any order. Please do not take any decision basis my suggestion.

Idea Ref# - Bharti2712 

Buy Bharti Jul 2012 Fut at 312.00; and

Buy Bharti Jul 2012 320 put at 12.

Rationale: The stock has not participated in the Nifty's 4800 to 5300 rally. After a long time the stock kas showed some strength and if Nifty does not correct much the stock can have a sizable up move and can out perform the index and most other heavy weights

Max loss from the strategy would be Rs. 4.00 per lot. (Lot size: 1000), irrespective of where the stock trades on the date of the expiry(26/07/2012). 

Profit is unlimited once the scrip crosses 324.00 on the July Futures Quote, which is just about 4% from here. My gut feeling is the stock can cross 340 before expiry not withstanding any major negative new flow globally.

Stop Loss: Not required.

Regards
SVJ


Disclaimer: I have executed this strategy 

Cairn Strategy - 01/07/2012

In follow up to my earlier post, I am publishing an idea. Please consult your advisor or broker before executing any order. Please do not take any decision basis my suggestion.

Idea Ref# - Cairn1712 

Buy Cairn Jul 2012 Fut at 307.50; and

Buy Cairn Jul 2012 320 put at 16.

Rationale: The stock fell over 6% on 29/06/2012 because of the stake sale by the parent, on a day when most of the indices were up any where between 1.5% and 5%. Moreover the same day post the Indian markets close Crude was up close to 6%. The stock will have to play catch up and also will have to rally on back of crude's gain. 

Max loss from the strategy would be Rs. 3.50 per lot. (Lot size: 1000), irrespective of where the stock trades on the date of the expiry(26/07/2012). 

Profit is unlimited once the scrip crosses 323.50 on the July Futures Quote, which is just about 5% from here. My gut feeling is the stock can cross 340 before expiry not withstanding any major negative new flow globally.

Stop Loss: Not required.

Regards
SVJ


Disclaimer: I have executed this strategy