Saturday, May 21, 2011

progress of monsoon and foreign funds flow will decide the trend.

BSE Sensex (18326.09) and Nifty (5486.35) closed down 1.1% and 1.13% respectively last week.Nifty Future May was quoting at 1.75 points discount.Nifty call option May 5500 was very active.Support for Sensex is at 18070. Resistance for Sensex is at 18540 .Support for Nifty is at 5420 and resistance at 5555..
Derivative contracts of May series will expire on 26th May 2011.BHEL,GAIL,Tata Chemical,Mahindra Satyam,,Coal India,CAIRN,Tata Steel,HDIL,NHPC,NMDC,Reliance Infra,Reliance Power and Dish TV will announce quarterly results next week.
L&T and SBI added Open Interest in May series.Huge position was build up at L&T May Call Option Strike Price 1650.Good build up was also seen at ITC May Call Option Strike Price 190.
Strategy for Futures Option players.

1)HDFC Bank(2315.70) Lot Size-125 Shares
Buy One Call Option of May Strike Price 23000@25.00 Rs
Sell One Call Option of May Strike Price 2350.00@7.40 Rs.
Premium .Paid=25*125=3125.00 Rs.
Premium Received=7.40*125= 925.00 Rs.
Net Premium Paid==3125.00-925.00=2200.00 Rs.
Maximum Profit==2350-2300=50*125=6250-2200=4050.00 Rs.-
Maximum Loss= 2200.00 Rs.
Break Even Price=2317.60


2 )Cipla(315.15) Future-Lot Size 1000 shares.
Buy One Lot MAY Future @315.15 Rs
Sell One Call Option of May Strike Price 320@1.70 Rs.
Premium Received=1.70*1000=1700.00 Rs
Maximum Profit=320.00-315.15=4.85*1000=4850.00+1700.00=6550.00 Rs.
Max Loss=Unlimited.
Trend of Major Stocks
STOCK TREND Days WeeklyTrend MonthlyTrend

BHEL.NS 6 Rising Rising
ICICIBANK.NS 1 Falling Rising
INFOSYSTC.NS 1 Falling Falling
ITC.NS 1 Falling Rising
MARUTI.NS 1 Falling Rising
SBIN.NS 4 Falling Flat!
TATASTEEL.NS 1 Falling Flat!
TCS.NS 6 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 2078 37.42 52.98 26.78
ICICIBANK.NS 1043.2 27.58 43.54 22.94
INFOSYSTC.NS 2849.85 51.5 37.9 25.03
ITC.NS 186.55 41.38 50.83 17.6
MARUTI.NS 1223.2 49.6 43.83 16.17
SBIN.NS 2320.45 28 26.68 28.49
TATASTEEL.NS 579.55 26.54 42.27 24.32
TCS.NS 1175 28.82 56.26 13.47







Trading Idea
1)Divis Lab(727.40Buy this stock in decline and trade.
2)BHEL(2378.00) Buy this stock in decline and trade






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1 comment:

Unknown said...

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