HomeBullet Advisory Analyses Indian Share Market Future Option Stocks Bullet Advice For Indian Stocks Weekly ' derivatives contract expiry of near month due on 29th July 2010 BSE Sensex (18130.98) and Nifty (5449.10) closed up 1.0% and 1.01% up respectively last week.Nifty Future July was quoting at 5.10 points discount..Nifty Call Option July 5500 was very active.Support for Sensex is at 17920. Resistance for Sensex is at 18300 .Support for Nifty is at 5380 and resistance at 5500. RBI will meet to review the monetary policy on 27th JULY 2010.Jindal Steel and Power,ONGC,NTPC,Reliance Industries,Hero Honda,Mahindra & Mahindra,Hindustan Unilever ,L&T and DLF will announce Q1 results next week. Tata Steel and ICICI Bank added Open Interest in July series.Huge position was build up at ICICI Bank July Call Option Strike Price 920.Good build up was also seen at Tata Steel July Call Option Strike Price 540. Strategy for Futures Option players. 1)Cairn(326.45) Lot Size-1000 Shares Buy One Call Option of July Strike Price 320@10.00 Rs Sell One Call Option of July Strike Price 340@1.65 Rs. Premium .Paid=10*1000= 10000.00.00 Rs. Premium Received=1.65*1000= 1650.00 Rs. Net Premium Paid==10000.00-1650.00=8350.00 Rs. Maximum Profit==340-320==20*1000=20000.00-8350.00=11650.00 Rs. Maximum Loss= 8350.00 Rs. Break Even Price=328.35 2)SBI(2486.05) July Future-Lot Size 125 shares. Buy One Lot July Future @2486.05 Rs Sell One Call Option of July Strike Price 2500@24.25 Rs. Premium Received=24.25*125= 3031.25 Rs Maximum Profit=2500.00-2486.05=13.95*125=1743.75+3031.25=4775.00 Rs. Max Loss=Unlimited. Trend of Major Stocks STOCK TREND Days WeeklyTrend MonthlyTrend BHEL.NS Bulllish 2 Rising Rising ICICIBANK.NS Bulllish 2 Rising Flat! INFOSYSTC.NS Bulllish 1 Falling Rising ITC.NS Bulllish 2 Falling Flat! MARUTI.NS Bulllish 1 Falling Rising SBIN.NS Bulllish 1 Rising Flat! TATASTEEL.NS Neutral 1 Rising Flat! TCS.NS Bearish 1 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 2460.2 58.59 58.86 14.53 ICICIBANK.NS 912.85 49.79 60.06 10.96 INFOSYSTC.NS 2786.45 34.39 52.54 12.34 ITC.NS 301.65 45.98 58.36 22.09 MARUTI.NS 1358.2 45.79 46.17 33.11 SBIN.NS 2496.8 60.86 69.31 38.41 TATASTEEL.NS 535.65 70.64 64.98 24.99 TCS.NS 839.3 72.07 67.34 22.37 Trading Idea 1)Indian Bank(251.35)Buy this stock in decline and trade. 2)Titan(2772.70) 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 By Bullet Advisory Indian Stocks-India's top most no.1 best stockmarket advice blog,hot stocktips calls by expert technical analyst Narendra Nainani of India Website facebook.com/pages/AhmedabadGujaratIndia/Bullet-Advice-For-Indian-Stocks/140925199054 Website nainaninarendra.blogspot.com
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About the Author:
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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