Bullet Advisory Analyses Indian Share Market Sensex Nifty Future Option Stocks
Bullet Advisory Analyses Indian Share Market Sensex Nifty Future Option Stocks
Bullet Advice For Indian Stocks Weekly -stock specific activity may prevail
BSE Sensex (16642.66) and Nifty (4945.20) closed down by 2.9% and 2.7% respectively last week.Nifty Future October was quoting at 14.2 points discount.Nifty Put Option October 4900 was very active.Support for Sensex is at 16265 and Nifty at 4825.Resistance for Sensex is at 16980 and Nifty is at 5040.Crude oil was at 71.87 $.
TCS, Bajaj Auto, HDFC and HDFC Bank will unveil Q2 results next week.Pipavav Shipyard closed below the offer price of 58 on the day of listing.
IDBI and Essar Oil added Open Interest in October series.Huge position was build up at IDBI October Call Option Strike Price 140.Good build up was also seen at ONGC October Call Option Strike Price 1230..
1)IDBI(130.35) Lot Size-2400
Buy One Call Option of October Strike Price 130@ Rs.5.75
Sell One Call Option of October Strike Price 140@2.50 Rs.
Premium .Paid=5.75*2400=.13800.00 Rs.
Premium Received=2.5*2400=6000.00 Rs.
Net Premium Paid=13800-6000= 7800.00 Rs.
Maximum Profit==140-130=10*2400==24000-7800=16200.00 Rs.
Maximum Loss=7800.00Rs.
Break Even Price=133.25
2)ONGC(1221.10) October Future-Lot Size 225 shares.
Buy One Lot October Future @1221.10
Sell One Call Option of October Strike Price 1260@26 Rs.
Premium Received=26*225= 5850.00 Rs
Maximum Profit=1260-1221.10=38.90*225==8752.50+5850.00=14602.50 Rs.
Max Loss=Unlimited.
Trend of Major Stocks
STOCK TREND Days WeeklyTrend MonthlyTrend
- BHEL.NS Bearish 1 Rising Falling
- ICICIBANK.NS Bearish 3 Flat! Flat!
- INFOSYSTC.NS Bearish 4 Falling Falling
- ITC.NS Bulllish 5 Flat! Flat!
- MARUTI.NS Bearish 6 Falling Rising
- SBIN.NS Bearish 5 Flat! Flat!
- TATASTEEL.NS Bulllish 3 Flat! Flat!
- TCS.NS Bearish 5 Flat! Flat!
Technical indicators of major Stocks
MFI=Money Flow Index
RSI=Relative Strength Index
ADX=Directional Momentum Index
STOCK CLOSE MFI-21 RSI-14 ADX-14
- BHEL.NS 2429.3 70.16 66.32 27.83
- ICICIBANK.NS 901.8 77.32 60.67 38.59
- INFOSYSTC.NS 2177.6 35.44 42.79 32.06
- ITC.NS 249.65 53.03 60.85 46.96
- MARUTI.NS 1480.3 37.66 42.57 28.43
- SBIN.NS 2067.55 58.91 53.71 32.14
- TATASTEEL.NS 532.55 71.86 64.91 30.22
- TCS.NS 561.75 53.13 45.6 26.34
Trading Idea
1)Hotel Leela(38.25)Buy this stock in decline and trade.
2)Neyveli Lignite(138.30) Buy this stock in decline and trade.
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Bullet Advisory Indian Stocks-India's Top Most No.1 Best Stock Market Advice Blog, Hot Stock Tips Calls by Expert Technical Analyst Narendra Nainani of India.Most Preferred and Successful Paid Subscription Stock Tips Calls Website of India.Excellent Success Ratio of more than 90% with Superb trading ideas.Most Successful Intraday Stock Future Calls Provider Service Indian Share Market.
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Bullet Advisory Indian Stocks-India's top most no.1 best stockmarket advice blog, hot stocktips calls by expert technical analyst Narendra Nainani of India
Website http://www.narendranainani.blogspot.com
Narendra Nainani
AHMEDABAD, GUJARAT, India
Narendra Nainani is renowned technical analyst and stock market advisor of INDIA having experience of more than 26 years having excellent success ratio.Expert in Derivatives Products-Futures & Options, Intraday, Short Term , Medium Term, Long Term, Portfolio Management, IPO & Mutual Fund Advisor.Covered regularly by E TV & Business Magazines like The Economic Revolution for Market views.
India's top most no.1 best stockmarket advice blog hot stocktips calls by expert technical analyst of India.Most preferred paid subscription stocktips calls website India.Excellent success ratio of more than 90%.good superb trading ideas.M-9898162770
Website MostSuccessfulIntraDayStockFutureTipsProviderIndia.
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