Bullet Advisory Analyses Indian Stocks Futures Options

Bullet Advice For Indian Stocks Weekly –huge primary offers may suck liquidity from the secondary market     

BSE Sensex (16693) and Nifty (4958.95) closed  down by 0.31% and 0.30% respectively last week.Nifty Future October was quoting at 1.05 points premium.Nifty Call Option October 5000 was very active.Support for Sensex is at  16260 and Nifty at 4830.Resistance for Sensex is at 17150 and Nifty is at 5100.Crude oil was at 66.01 $.

Reliance Infratel IPO may hit primary market to raise funds.Market will remain closed on 28^th September and 2^nd October 2009 because of Dasara and Gandhi Jayanti.

Ranbaxy and AuroPharma added Open Interest in October series.Huge position was build up at  Ispat Indusries October Call Option Strike Price 25.Good build up was also seen at IFCI October Call Option Strike Price 57.50..

Tactics for Future Option players.                                                                           

1)Reliance(2135) Lot Size-150

Buy One Call Option of October Strike Price 2130@ 84.00 Rs.

Sell One Call Option of October Strike Price 2190@56 Rs.

Premium .Paid=84*150=.12600.00 Rs.           

Premium Received=56*150=8400.00 Rs.

Net Premium Paid=12600-8400= 4200.00 Rs.

Maximum Profit==2190-2130=60*150=9000-4200=4800.00 Rs.

Maximum Loss=4200.00 Rs.

Break Even Price=2358

2)Powergrid(112.05) October Future-Lot Size 1925 shares.

Buy One Lot October Future @112.05

Sell One Call Option of October Strike Price 1200@2.10 Rs.

Premium Received=2.10*1925=4042.50 Rs

Maximum Profit =120-112.05=7.95*1925==15303.75 + 4042.50=19346.25 Rs.

Max Loss=Unlimited.

Trend of Major Stocks

            BHEL.NS                    Bearish 3          Falling  Falling 

            ICICIBANK.NS         Bearish 1          Flat!     Flat!    

            INFOSYSTC.NS        Bearish 3          Falling  Falling 

            ITC.NS                        Bulllish  2          Flat!     Flat!    

            MARUTI.NS               Bearish 2          Falling  Falling 

            SBIN.NS                     Bearish 1          Flat!     Flat!    

            TATASTEEL.NS         Bearish 3          Flat!     Flat!    

            TCS.NS                       Bearish 1          Flat!     Flat!    

Technical indicators of major Stocks

STOCK TREND Days WeeklyTrend MonthlyTrend

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        2242.65           50.95   47.94                        14.07

            ICICIBANK.NS         839      72.61   58.63                        32.31

            INFOSYSTC.NS        2240.5 52.21   52.53                        43.19

            ITC.NS            235      39.35   52.47   44.96

            MARUTI.NS   1637.9 66.21   69.33   31.73

            SBIN.NS         2138.5 79.52   70.82   34.53

            TATASTEEL.NS         498.35 49.67   57.78                        30.84

            TCS.NS           587.4   65.65   64.64   32.32

Trading Idea

1)KTK Bank(141.40)Buy this stock in decline and trade.

2)HDFC(2737) Buy this stock in decline and trade.                         

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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.

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