BSE Sensex (19451.45) and Nifty (5842) closed  up  0.2%  and 0.3%   respectively  last week.Nifty Future April was quoting at  17.60  points premium.Nifty call option April 5900 was very active.Support for Sensex is at  19130. Resistance for Sensex is at 19700 .Support for Nifty is at 5750 and resistance at 5900..
 Market remains closed on 12th and 14th April because of Ram Navmi and Dr. Ambedkar Jayati respectively.Essar Oil,RIIL,DCB and Infosys will announce quarterly results next week.
L & T and  SBI  added Open Interest in April  series.Huge position was build up at  IFCI  April  Call Option Strike Price 60.Good build up was also seen at  Tata Steel April Call Option Strike Price 640.
Strategy  for Futures Option players. 
1)LT(1683.80) Lot Size-125 Shares 
Buy One Call Option of  April Strike Price 1650.00@62.80 Rs
Sell One Call Option of  April Strike Price 1700.00@38.00        Rs.
Premium .Paid=62.80*125=7850.00 Rs.
Premium Received=38*125= 4750.00 Rs.
Net Premium Paid==7850.00-4750.00=3100.00.00 Rs.
Maximum Profit==1700-1650==5*125=6250.00-3100.00.00=3150.00  Rs.
Maximum Loss=  3100.00 Rs.
Break Even Price=1674.80
2)ITC(186.20)   Future-Lot Size 2000 shares.
Buy One Lot APRIL Future @186.20Rs
Sell One Call Option of  APRIL Strike Price 190@2.45 Rs.
Premium Received=2.45*2000= 4900.00 Rs
Maximum Profit=190.00-186.20=3.80*2000=7600.00+4900.00=12500.00 Rs.
Max Loss=Unlimited.
Trend of Major Stocks
STOCK TREND Days WeeklyTrend MonthlyTrend
 
  BHEL.NS Neutral 3 Rising Flat! 
 INFOSYSTC.NS Bearish 2 Rising Flat! 
 ITC.NS Neutral 1 Rising Flat! 
 TATASTEEL.NS Bearish 1 Rising Flat! 
 TCS.NS Bearish 2 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 2205 68.63 65.33 30.59
 INFOSYSTC.NS 3226 68.54 59.56 25.96
 ITC.NS 185.25 74.6 70.04 19.93
 TATASTEEL.NS 629.35 68.75 56.19 19.57
 TCS.NS 1193.2 55.89 59.98 27.19
     
    
     
     
     
     
                            
          
 Trading Idea
1)Dabur(102.10)Buy this stock in decline and trade.
2)Dish TV(68.45) Buy this stock in decline and trade
  
By 
  Bullet Advisory Indian Stocks-India's Top Most No.1 Best Stock Market Advice Blog,Hot Stock Tips Calls by Expert Technical Analyst Narendra Nainani of India.Most Preferred and Successful  Paid Subscription Stock Tips Calls Website of India.Excellent Success Ratio of more than 90% with Superb trading ideas.Most Successful Intraday Stock Future Calls Provider Service Indian Share Market.
-+919898162770
Website www.subscriptionnarendranainani.blogspot.com
 
 
No comments:
Post a Comment