Bullet Advisory Analyses Indian Share Market National Stock Exchange Future Option Stocks
Bullet Advice For Indian Stocks Weekly –FII remains net sellers in the market
BSE Sensex (16445.61) and Nifty (4931.15) closed down by 3.2% and 3.21% respectively last week.Nifty Future May was quoting at 4.15 points discount..Nifty Call Option May 4900 was very active.Support for Sensex is at 16000. Resistance for Sensex is at 16900 .Support for Nifty is at 4800 and resistance at 5070.
ONGC,BPCL,BHEL,SAIL,Suzlon,Unitech,Cairn,Hindustan Unilever,Tata Motors and Tata Steel will announce Q4 results next week.Standard Charted’s IDR issue opens for bidding on 25th May 2010.
Tata Motors and Tata Steel added Open Interest in May series.Huge position was build up at RIL May Call Option Strike Price 1000.Good build up was also seen at Tata Steel May Call Option Strike Price 500.
Strategy for Futures Option players.
1)GAIL(454.20) Lot Size-1125 Shares
Buy One Call Option of June Strike Price firstname.lastname@example.org Rs
Sell One Call Option of June Strike Price email@example.com Rs.
Premium .Paid=27*1125= 30375.00 Rs.
Premium Received=16.50*1125= 18562.50 Rs.
Net Premium Paid==30375.00-18562.50=11812.50 Rs.
Maximum Profit==460-440==20*1125=22500-11812.50=10687.50 Rs.
Maximum Loss= 11812.50 Rs.
Break Even Price=450.50
2)ITC(261.75) June Future-Lot Size 1125 shares.
Buy One Lot June Future @261.75
Sell One Call Option of June Strike Price firstname.lastname@example.org Rs.
Premium Received=5.60*1125= 6300.00 Rs
Maximum Profit=280-261.75=18.25*1125=20531.25+6300.00=26831.25 Rs.
Trend of Major Stocks
STOCK TREND Days WeeklyTrend MonthlyTrend
BHEL.NS Neutral 2 Falling Rising
ICICIBANK.NS Bearish 5 Falling Rising
INFOSYSTC.NS Neutral 1 Falling Rising
ITC.NS Bulllish 1 Rising Rising
MARUTI.NS Bulllish 1 Falling Falling
SBIN.NS Bulllish 2 Rising Rising
TATASTEEL.NS Neutral 1 Falling Falling
TCS.NS Bearish 5 Falling Falling
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 2282 33.96 32.17 20.08
ICICIBANK.NS 834 37.29 33.74 17.89
INFOSYSTC.NS 2594.8 29.94 39.94 18.12
ITC.NS 270 61.02 56.79 21.38
MARUTI.NS 1240.1 21.81 38.16 53.21
SBIN.NS 2278 53.62 55.2 24.4
TATASTEEL.NS 510.15 16.41 27.02 31.79
TCS.NS 717.35 33.07 32.99 22.46
1)Lupin(1810)Buy this stock in decline and trade.
2)Divis Lab(697.25) Buy this stock in decline and trade
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