Bullet Advisory Analyses Indian Stock Market Future Option Stocks
Bullet Advice For Indian Stocks Weekly –market may remain range bound
BSE Sensex (16994.49) and Nifty (5088.70) closed up by 3.4% and 3.41% respectively last week.Nifty Future March was quoting at 1.15 points discount.Nifty Call Option March 5100 was very active.Support for Sensex is at 16590. Resistance for Sensex is at 17500 .Support for Nifty is at 4980 and resistance at 5230.
The FPO of NMDC will open for subscription on 10th March 2010.RBI may hike the repo and reverse repo rate in April by 25 basis points as feared by players.
Suzlon and DLF added Open Interest in March series.Huge position was build up at Suzlon March Call Option Strike Price 80.Good build up was also seen at Renuka Sugar March Call Option Strike Price 190.
Strategy for Futures Option players.
1Ispat Ind(20.05) Lot Size-12450 Shares
Buy One Call Option of March Strike Price 20@ 0.75 Rs
Sell One Call Option of March Strike Price firstname.lastname@example.org Rs.
Premium .Paid=0.75*12450= 9337.50 Rs.
Premium Received=0.25*12450= 3112.50 Rs.
Net Premium Paid==9337.50-3112.50=6225.00 Rs.
Maximum Loss= 6225.00 Rs.
Break Even Price=20.50
2)Ashok Leyland(54.85) March Future-Lot Size 9550 shares.
Buy One Lot March Future @54.85
Sell One Call Option of March Strike Price email@example.com Rs.
Premium Received=1*9550= 9550.00 Rs
Maximum Profit=57.50-54.85=2.65*9550=25307.50+9550.00=34857.50.00 Rs.
Trend of Major Stocks
STOCK TREND Days WeeklyTrend MonthlyTrend
BHEL.NS Bearish 1 Rising Flat!
ICICIBANK.NS Neutral 2 Rising Flat!
INFOSYSTC.NS Bearish 2 Rising Flat!
ITC.NS Bulllish 4 Rising Flat!
MARUTI.NS Neutral 1 Rising Flat!
SBIN.NS Bulllish 7 Rising Flat!
TATASTEEL.NS Bulllish 5 Rising Flat!
TCS.NS Bearish 2 Falling 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 2429.05 55.38 57.48 16.95
ICICIBANK.NS 901.75 70.23 64.85 19.07
INFOSYSTC.NS 2635.7 63.84 59.48 21.19
ITC.NS 244.75 37.05 47.19 22.49
MARUTI.NS 1475 62.59 59.1 26
SBIN.NS 2047.2 52.83 57.62 25.01
TATASTEEL.NS 618.1 60.5 60.95 21.16
TCS.NS 762.6 65.33 54.13 12.24
1)ABB(822.20)Buy this stock in decline and trade.
2)GSPL(93.50) Buy this stock in decline and trade
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