Saturday, March 27, 2010

Bullet Advice For Indian Stocks Weekly –forecast for monsoon and Q4 results will decide the trend

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Bullet Advice For Indian Stocks Weekly –forecast for monsoon and Q4 results will decide the trend
BSE Sensex (17644.76) and Nifty (5282) closed up by 0.4% and 0.8% respectively last week.Nifty Future April was quoting at 13.40 points premium.Nifty Call Option April 5300 was very active.Support for Sensex is at 17400. Resistance for Sensex is at 17900 .Support for Nifty is at 5200 and resistance at 5380.
FIIs’ remained net buyers during the month.This was the seventh week in a row where the market has registered gains...
RIL and SBI added Open Interest in April series.Huge position was build up at RIL April Call Option Strike Price 1100.Good build up was also seen at SBI April Call Option Strike Price 2100.
Strategy for Futures Option players.

1)Reliance(1100.45) Lot Size-300 Shares
Buy One Call Option of April Strike Price 1100@ 33.25 Rs
Sell One Call Option of March Strike Price 1140@18.00 Rs.
Premium .Paid=33.25*300= 9975.00 Rs.
Premium Received=18*300= 5400.00 Rs.
Net Premium Paid==9975.00-5400.00=4575.00 Rs.
Maximum Profit==1140-1100==30*300=9000.00-4575.00=4425.00 Rs.
Maximum Loss= 4575.00 Rs.
Break Even Price=1115.25
2)Ranbaxy(478) March Future-Lot Size 800 shares.
Buy One Lot april Future @478
Sell One Call Option of April Strike Price 500@12.85 Rs.
Premium Received=12.85*800= 10280.00 Rs
Maximum Profit=500-478=22*800=17600.00+10280.00=27880.00 Rs.
Max Loss=Unlimited.


Trend of Major Stocks
STOCK TREND Days WeeklyTrend MonthlyTrend
BHEL.NS Neutral 1 Falling Falling
ICICIBANK.NS Neutral 1 Rising Flat!
INFOSYSTC.NS Bearish 1 Rising Falling
ITC.NS Neutral 2 Rising Flat!
MARUTI.NS Bulllish 1 Falling Falling
SBIN.NS Bulllish 1 Rising Flat!
TATASTEEL.NS Neutral 3 Rising Flat!
TCS.NS Bearish 1 Rising 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 2361.65 50.12 46.51 12.23
ICICIBANK.NS 947.5 65.89 62.39 17.58
INFOSYSTC.NS 2774.85 73.43 64.06 36.65
ITC.NS 264.4 58.93 65.67 13.83
MARUTI.NS 1396.85 56.79 44.67 16.32
SBIN.NS 2072.85 82.03 60.26 19.62
TATASTEEL.NS 644.1 60.69 64.15 22.78
TCS.NS 825.05 76.19 65.39 18.11





Trading Idea
1)GE Shipping(296.65)Buy this stock in decline and trade.
2)ICICI Bank(947.50) Buy this stock in decline and trade



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