Bullet Advice For Indian Stocks Weekly-market marches ahead on FII buying
BSE Sensex (15670.31) and Nifty (4636.45) closed 1.9% and 1.5 % up respectively last week.
.Nifty Future August was quoting at 17.55 points premium Nifty Call Option August 4700 was very active.Support for Sensex is at 15120 and Nifty at 4480.Resistance for Sensex is at 16270 and Nifty is at 4820.Crude oil was at 67.14 $.
FII’s remained net buyers.Better than expected results by leading corporate increased the comfort level of market participants.Adani Power’s IPO received overwhelming response from QIB’s.
RIL and SBI added Open Interest in August series..REC LTD and ROLTA shaded Open Interest.Huge position was build up at RIL August Call Option Strike Price 2010.Good build up was also seen at SBI August Call Option Strike Price 1800.
Tactics for Future Option players.
1)Nifty(4636.45) Lot Size-50
Buy One Call Option of August Strike Price 4600@202.25 Rs.
Sell One Call Option of August Strike Price 4800@109.85 Rs.
Premium .Paid=202.25*50= 10112.50 Rs.
Premium Received=109.85*50=5492.50 Rs.
Net Premium Paid=10112.50-5492.50= 4620.00 Rs.
Maximum Profit==4800-4600=200*50=10000-4620=5380.00 Rs.
Maximum Loss=4620 Rs.
Break Even Price=4692.40
2)SBI(1820) August Future-Lot Size 132 shares.
Buy One Lot August Future @1820
Sell One Call Option of August Strike Price 1890@56.50 Rs.
Premium Received=56.50*132=7458.00 Rs
Maximum Profit=1890-1820==70*132=9240.00+7458.00=16698.00 Rs.
Max Loss=Unlimited.
Trend of Major Stocks
STOCK TREND Days WeeklyTrend MonthlyTrend
BHEL.NS Neutral 1 Falling Falling
ICICIBANK.NS Neutral 2 Falling Falling
INFOSYSTC.NS Bulllish 1 Rising Rising
ITC.NS Bulllish 7 Falling Rising
MARUTI.NS Neutral 3 Rising Rising
SBIN.NS Bulllish 2 Falling Falling
TATASTEEL.NS Neutral 1 Rising Rising
TCS.NS Neutral 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 2230.3 Neutral 39.02 55.45 16.36
ICICIBANK.NS 758.5 Neutral 43.48 55.37 14.34
INFOSYSTC.NS 2064.35 Neutral 62.31 64.51 64.17
ITC.NS 249.2 Neutral 87.46 51.79 69.48
MARUTI.NS 1414.45 Neutral 85.93 79.83 36.59
SBIN.NS 1811.65 Neutral 51.87 60.69 18.65
TATASTEEL.NS 462.35 Neutral 62.31 59.06 22.7
TCS.NS 462.35 Loser 82.22 63.37 28.84
Trading Idea
1)ONGC(1164.05)Buy this stock in decline and trade.
2)HDFC Bank(1499.10) Buy this stock in decline and trade.
.
By
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.Most preferred and successful paid subscription stocktips calls website of India.Excellent success ratio of more than 90% with superb trading ideas.Most Successful Intraday Stock Future Calls Provider Service Indian Stock Market.
Website http://www.narendranainani.blogspot.com
Website
Stock .
M-+919898162770
