Saturday, August 21, 2010

Indian Share Market Nifty Future Option Stocks Review

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Bullet Advice For Indian Stocks Weekly – market near 2-1/2 year high on sustained buying by FII’s

BSE Sensex (18401.82) and Nifty (5530.65) closed up 1.3% and 1.4% respectively last week.Nifty Future August was quoting at 10.75 points discount..Nifty Call Option August 5500 was very active.Support for Sensex is at 18110. Resistance for Sensex is at 18770 .Support for Nifty is at 5440 and resistance at 5640.
Future and options expiry of derivatives for current month is due on 26th August,2010.Investors will watch carefully progress of the monsoon rains.
RIL and Tata Steel added Open Interest in August series.Huge position was build up at RIL August Call Option Strike Price 1000.Good build up was also seen at Unitech August Call Option Strike Price 85.
Strategy for Futures Option players.

1)DLF(333.8) Lot Size-1000 Shares
Buy One Call Option of August Strike Price 320@14.45 Rs
Sell One Call Option of August Strike Price 340@3.35 Rs.
Premium .Paid=14.45*1000= 14450.00.00 Rs.
Premium Received=3.35*1000= 3350.00 Rs.
Net Premium Paid==14450.00-3350.00=11100.00 Rs.
Maximum Profit==340-320==20*1000=20000.00-11100.00=8900.00 Rs.
Maximum Loss= 11100.00 Rs.
Break Even Price=331.10

2)Renuka(70.80) August Future-Lot Size 2000 shares.
Buy One Lot August Future @70.80 Rs

Sell One Call Option of August Strike Price 75@0.40 Rs.
Premium Received=0.4*2000= 800.00 Rs
Maximum Profit=75-70.80=4.20*2000=8400.00+ 800.00=9200.00 Rs.
Max Loss=Unlimited.
Trend of Major Stocks
STOCK TREND Days WeeklyTrend MonthlyTrend
BHEL.NS Bearish 1 Falling Rising
ICICIBANK.NS Bulllish 2 Rising Rising
INFOSYSTC.NS Bearish 1 Falling Falling
ITC.NS Bulllish 9 Falling Falling
MARUTI.NS Bearish 1 Falling Falling
SBIN.NS Bearish 2 Rising Rising
TATASTEEL.NS Neutral 1 Rising Rising
TCS.NS Bulllish 3 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 2469.5 63.65 50.73 11.68
ICICIBANK.NS 994 63.1 61.84 27.96
INFOSYSTC.NS 2769.6 48.42 46.67 12.02
ITC.NS 162.7 71.59 23.38 55.04
MARUTI.NS 1239.7 21.53 42.71 34.25
SBIN.NS 2786.9 61.58 69.02 47.4
TATASTEEL.NS 518.9 51.35 48.1 34.6
TCS.NS 868.95 58.82 60.83 19.2









Trading Idea
1)Financial Techno(1408.45)Buy this stock in decline and trade.
2)CESC(404.20) Buy this stock in decline and trade



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