ACKNOWLEDGEMENT

We have successfully completed report and for that we grateful to all those who gave us an opportunity to do work in real corporate world. It was a great learning experience as well as getting practical knowledge in Financial Derivatives. It is a great pleasure on our part to submit Project report titled A study on Use of Future & Option Strategies in stock market. On this occasion, we express our sincere gratitude towards Miss. HARSITA SAMRANI Faculty of our MBA College, for giving his valuable guidance throughout for successful completion of our report. We would also like to thank Mr. MANISH VYASH Director of our MBA College, the staff members, all my friends & my family members who all have supported us directly or indirectly to design this project. RANA PIYUSH -45 RATHOD BHARAT-46

CERTIFICATE

This is to certify that Mr RANA PIYUSH

& Mr. RATHOD

BHARAT are the students of Semester IV of MBA Programme (2009-11) at INDU MANAGEMENT INSTITUTE, VADODARA affiliated to

Gujarat technological University have successfully completed their GRAND PROJECT titled as A study on Use of Future & Option Strategies in stock market in partial fulfillment of their academic year 2007-08 of the 4th semester MBA Programme.

Date: - 5th may 2011 Place: - VADODARA

__________________ Project Guide (Miss.Harsita samrani)

PREFACE
It is a pleasure to keep this report in front of you. Project report is vitally important for MBA students because it develops the feelings among the students about Business environment to increase knowledge. Over the recent years, we have witnessed a dramatic change in the economic and business environment of the world. These changes have brought about the realization to almost all the nations that economic independence or even isolation are things of the past and the economic and socio-political aspect of business should now be viewed in global perspective. This scenario can very well be seen in India with past few years being the reforms and the liberalization years. Competition is truly emerging as key factor in the development of business strategies in this liberalized environment. In the coming years, there is good prospect of Derivative Trading. This project is designed to be project on A study on use of future & options strategies in stock market.

DECLARATION
We the undersigned here by declare that the Project Report carried out by us entitled A Study On Use Of Future & Option Strategies In Stock Market is based on our own work and our indebtedness on other works publications has been acknowledge at relevant places. We further declare that the information received from various secondary sources, and respondents has not been shared with any body and is used only for academic purpose in this work.

Date: 5th may 2011 Place : Vadodara.

Mr. Rana Piyush R Mr. Rathod Bharat D