Bullet Advisory Analyses Indian Stock Market Nifty Stocks Bullet Advice For Indian
Stocks Weekly Nifty and Sensex gain more than 4% in one week BSE Sensex (19594.75) and Nifty (5884.95) closed up 4.2% and 4.3% respectively last week.Nifty Future September was quoting at 28.95 points premium.Nifty call option September 5900 was very active.Support for Sensex is at 19120. Resistance for Sensex is at 20110 .Support for Nifty is at 5715 and resistance at 6070.. Indian Stock Market will remain closed on 10th September because of Ramzan Id.Telecom and suger shares may see value buying emerging at lower levels in coming days. RIL and Tata Steel added Open Interest in September series.Huge position was build up at RIL September Call Option Strike Price 1020.Good build up was also seen at Tata Steel September Call Option Strike Price 620. Strategy for Futures Option players. 1)Ranbaxy(534) Lot Size-500 Shares Buy One Call Option of September Strike Price 520@23.10 Rs Sell One Call Option of September Strike Price 540@12.35 Rs. Premium .Paid=23.10*500= 11550.00.00 Rs. Premium Received=12.35*500= 6175.00 Rs. Net Premium Paid==11550.00-6175.00=5375.00 Rs. Maximum Profit==540-520==20*500=10000.00-5375.00=4625.00 Rs. Maximum Loss= 5375.00 Rs. Break Even Price=530.75 2)R Power(161.85) September Future-Lot Size 2000 shares. Buy One Lot September Future @161.85 Rs Sell One Call Option of September Strike Price 170@1.65 Rs. Premium Received=1.65*2000= 3300.00 Rs Maximum Profit=170.00-161.85=8.15*2000=16300.00+ 3300.00=19600.00 Rs. Max Loss=Unlimited. Trend of Major Stocks STOCK TREND Days WeeklyTrend MonthlyTrend BHEL.NS Bearish 3 Falling Falling ICICIBANK.NS Neutral 2 Rising Rising INFOSYSTC.NS Bearish 2 Rising Falling ITC.NS Neutral 2 Rising Falling MARUTI.NS Bulllish 3 Rising Rising SBIN.NS Neutral 2 Rising Rising TATASTEEL.NS Neutral 1 Rising Rising TCS.NS Bulllish 1 Rising Rising 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 2443.6 47.73 47.42 11.89 ICICIBANK.NS 1114.2 71.79 75.01 44.25 INFOSYSTC.NS 2970.15 71.46 62.4 25.28 ITC.NS 168.35 76.33 39.59 48.98 MARUTI.NS 1422 78.57 74.53 19.59 SBIN.NS 3092.75 74.54 70.9 48.5 TATASTEEL.NS 604.8 80.61 70.57 26.95 TCS.NS 913.8 64.67 65.12 16.65 Trading Idea 1)Biocon(353.80)Buy this stock in decline and trade. 2)Bajaj Hindustan(126.05) Buy this stock in decline and trade By 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. -+919898162770 Website nainaninarendra.blogspot.com