HomeBullet Advice For Indian Stocks Weekly ' profit taking may continue fear of redemption pressure by investors BSE Sensex (17998.41) and Nifty (5408.7) closed down 2.2% and 2.21% respectively last week.Nifty Future August was quoting at 3.80 points discount..Nifty Call Option September 5500 was very active.Support for Sensex is at 17620. Resistance for Sensex is at 18320 .Support for Nifty is at 5290 and resistance at 5510. Indian rupee may depreciate on the account of capital outflow if it happens as expected.Out performance of Indian market will be under test in the coming days. RIL and Tata Steel added Open Interest in September series.Huge position was build up at Tata Steel September Call Option Strike Price 520.Good build up was also seen at Ispat Industries September Call Option Strike Price 20. Strategy for Futures Option players. 1)Ispat Industries(18.70) Lot Size-11000 Shares Buy One Call Option of September Strike Price 17.50@1.75 Rs Sell One Call Option of September Strike Price 20@0.60 Rs. Premium .Paid=1.75*11000= 19250.00.00 Rs. Premium Received=0.60*11000= 6600.00 Rs. Net Premium Paid==19250.00-6600.00=12650.00 Rs. Maximum Profit==20.00-17.50==2.50*11000=27500.00-12650.00=14850.00 Rs. Maximum Loss= 12650.00 Rs. Break Even Price=18.65 2)IOC(399.60) August Future-Lot Size 1000 shares. Buy One Lot September Future @399.60 Rs Sell One Call Option of September Strike Price 420@8.55 Rs. Premium Received=8.55*1000= 8550.00 Rs Maximum Profit=420.00-399.60=20.40*1000=20400.00+ 8550.00=28950.00 Rs. Max Loss=Unlimited. Trend of Major Stocks STOCK TREND Days WeeklyTrend MonthlyTrend BHEL.NS Bearish 1 Falling Rising ICICIBANK.NS Bearish 3 Falling Rising INFOSYSTC.NS Bearish 3 Falling Falling ITC.NS Neutral 1 Falling Falling MARUTI.NS Bearish 5 Falling Falling SBIN.NS Bearish 1 Falling Rising TATASTEEL.NS Bulllish 1 Falling Rising TCS.NS Bearish 1 Falling 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 2475 63.3 50.83 12.24 ICICIBANK.NS 955.1 58.16 49.79 30.88 INFOSYSTC.NS 2702.3 39.05 39.54 14.24 ITC.NS 161.1 64.23 25.7 56.04 MARUTI.NS 1215 46.26 37.9 31.6 SBIN.NS 2787.05 67.98 62.39 47.11 TATASTEEL.NS 509 50.32 45.13 33.93 TCS.NS 853 45.05 51.31 15.4 Trading Idea 1)ONGC(1318.20)Buy this stock in decline and trade. 2)Gail(460.15) 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 subscriptionnarendranainani.blogspot.com
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Narendra Nainani AHMEDABAD, GUJARAT, India Narendra Nainani is renowned technical analyst and stock market advisor of INDIA having experience of more than 26 years having excellent success ratio.Expert in Derivatives Products-Futures & Options,Intraday,Short Term ,Medium Term,Long Term,Portfolio Management,IPO & Mutual Fund Advisor.Covered regularly by E TV & Business Magazines like The Economic Revolution for Market views. India's top most no.1 best stockmarket advice blog hot stocktips calls by expert technical analyst of India.Most preferred paid subscription stocktips calls website India.Excellent success ratio of more than 90%.good superb trading ideas.M-9898162770 Website subscriptionnarendranainani.blogspot.com.
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