Bullet Advisory Analyses Nifty Future Trading Nifty Option Trading Stocks Call Option Put Option Indian Share Bazzar
Author: narendra nainani
Bullet Advisory Indian Stocks Weekly-possibility of a stable government will boost the market sentiment
BSE Sensex (12173.42) and Nifty (3671.65) closed 2.5% and 1.4% up respectively last week. Nifty OI Put Call Ratio was 1.19. Nifty Future May was quoting at 14 points premium.Nifty Call Option May 3700 was very active.Support for Sensex is at 11400 and Nifty at 3465.Resistance for Sensex is at 12650 and Nifty is at 3810.Crude oil was at 58.00$.
As per the reports of vote counting for the parliamentary elections Congress party will be able to form a stable government.Minimum seats required to form the government for a party/alliance is 272 out of the total 543 seats.Congress is leading on 258 seats.
SBI and RIL added Open Interest in May Series.SUZLON and INFOSYS shaded Open Interest.Huge position was build up at SBI May Call Option Strike Price 1320.Good build up was also seen at DLF May Call Option Strike Price 260.
Tactics for Future Option players.
1)ChambalFertilizers(47.85) Lot Size-6900
Buy One Call Option of May Strike Price 50@2.55 Rs.
Sell One Call Option of May Strike Price 55 @1.20 Rs.
- Premium .Paid=2.55*6900=17595.00 Rs.
Premium Received=.1.20*6900=8280.00 Rs.
Net Premium Paid=-17595.00-8280.00 Rs.=9315.00 Rs.
Maximum Profit=55-50=5*6900=34500.00-9315.00=25185.00 Rs.
Maximum Loss=9315.00 Rs.
Break Even Price=51.35 Rs.
2)TTML(24.35) May Future-Lot Size 10450 shares.
Buy One Lot May Future @24.35 Rs.
Sell One Call Option of May Strike Price 25@1.10 Rs.
Premium Received=1.10*10450=11495.00 Rs
Maximum Profit=25-24.35=0.65*10450=6792.50 +11495.00=18287.50 Rs.
Max Loss=Unlimited.
Trading Idea
- 1)SBI(1313.50)Buy this Stock in decline and trade
2)India Infoline(94.25)Buy this Stock in decline and trade
Trend of Major Stocks
STOCK TREND Days WeeklyTrend MonthlyTrend
- BHEL.NS Bulllish 1 Rising Rising
- ICICIBANK.NS Bulllish 1 Rising Rising
- INFOSYSTC.NS Neutral 1 Rising Rising
- ITC.NS Bearish 3 Falling Rising
- MARUTI.NS Bulllish 1 Falling Rising
- SBIN.NS Bulllish 1 Falling Rising
- TATASTEEL.NS Neutral 1 Falling 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 1706.65 66.35 57.93 22.39
- ICICIBANK.NS 574.7 61.4 66.78 35.46
- INFOSYSTC.NS 1592.8 55.66 65.03 37.25
- ITC.NS 186.05 48.33 48.04 15.25
- MARUTI.NS 848.2 64.83 58.83 25.9
- SBIN.NS 1313.5 47.74 56.83 21.46
- TATASTEEL.NS 272 40.91 56.12 28.5
- TCS.NS 644.05 35.56 62 33.71
- TATASTEEL.NS 282.4 59.83 60.26 33.79
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 paid subscription stocktips calls website of India.Excellent success ratio of more than 90% with superb trading ideas.
Website NIFTYFUTURE.
M-9898162770
Website http://www.narendranainani.blogspot.com
About the Author
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 NIFTYOPTIONSTIPS.
