Bullet Advice For Indian Stocks Weekly- traders book profit ahead of F & O expiry BSE Sensex (14521.89) and Nifty (4313.60) closed 4.7% and 5.9 % down respectively last week. Nifty OI Put Call Ratio was 0.85.Nifty Future June was quoting at 10.2 points premium.Nifty Call Option June 4300 was very active.Support for Sensex is at 14000 and Nifty at 4140.Resistance for Sensex is at 15100 and Nifty is at 4540.Crude oil was ats 69.40 $. Indian Government will sell 10% equity stake of BHEL a leading PSU co..NSE has decided to change the calculation method for determining the Indices from fixed float to free float This will come into affect from 26th June 2009.Weightage of ONGC,NALCO,SAIL,POWER GRID and NTPC will come down drastically.Infosys and ICICI Bank will benefit from this move. RIL and TataSteel added Open Interest in June Series.Dish TV and TTML shaded Open Interest.Huge position was build up at Tata Steel June Call Option Strike Price 400.Good build up was also seen at Suzlon June Call Option Strike Price 110. Tactics for Future Option players. 1)NTPC(198) Lot Size-1625 Shares Buy One Call Option of July Strike Price 200@13.50 Rs. Sell One Call Option of July Strike Price 220 @7.55 Rs. Premium .Paid=13.50*1625=21937.50 Rs. Premium Received=.7.55*1625=12268.75.00 Rs. Net Premium Paid=21937.50-12268.75=9668.75 Rs. Maximum Profit=220-200=20*1625=32500.00-9668.75=22831.25 Rs. Maximum Loss=9668.75 Rs. Break Even Price=205.95 2)Infosys Tech(1772) July Future-Lot Size 200 shares. Buy One Lot July Future @1772.00 Rs. Sell One Call Option of July Strike Price 1890@51.50 Rs. Premium Received=51.50*200=10300.00 Rs Maximum Profit=1890-1772=118*200=23600.00 +10300.00=33900.00 Rs. Max Loss=Unlimited. Trading Idea 1)Punj Lloyd(194.85)Buy this Stock in decline and trade 2)LITL(343.90)Buy this Stock in decline and trade Trend of Major Stocks STOCK TREND Days WeeklyTrend MonthlyTrend BHEL.NS Neutral 1 Falling Rising ICICIBANK.NS Neutral 1 Falling Rising INFOSYSTC.NS Bulllish 2 Rising Rising ITC.NS Bulllish 1 Rising Falling MARUTI.NS Bearish 6 Falling Rising SBIN.NS Bulllish 8 Rising Rising TATASTEEL.NS Neutral 1 Falling Rising TCS.NS Bearish 4 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 2088.85 45.68 51.78 41.16 ICICIBANK.NS 714.05 44.02 52.88 27.2 INFOSYSTC.NS 1770.4 60.36 51.12 63.97 ITC.NS 200.6 56.86 56.55 27.71 MARUTI.NS 1049.9 59.71 56.25 31.43 SBIN.NS 1724.6 48.1 55.59 34.8 TATASTEEL.NS 412.55 54.11 53.53 31.74 TCS.NS 379.8 67..62 24.78 45.74 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.Most preferred paid subscription stocktips calls website of India.Excellent success ratio of more than 90% with superb trading ideas. Website http://www.narendranainani.blogspot.com Bullet Advice For Indian Stocks Weekly- traders book profit ahead of F & O expiry BSE Sensex (14521.89) and Nifty (4313.60) closed 4.7% and 5.9 % down respectively last week. Nifty OI Put Call Ratio was 0.85.Nifty Future June was quoting at 10.2 points premium.Nifty Call Option June 4300 was very active.Support for Sensex is at 14000 and Nifty at 4140.Resistance for Sensex is at 15100 and Nifty is at 4540.Crude oil was ats 69.40 $. Indian Government will sell 10% equity stake of BHEL a leading PSU co..NSE has decided to change the calculation method for determining the Indices from fixed float to free float This will come into affect from 26th June 2009.Weightage of ONGC,NALCO,SAIL,POWER GRID and NTPC will come down drastically.Infosys and ICICI Bank will benefit from this move. RIL and TataSteel added Open Interest in June Series.Dish TV and TTML shaded Open Interest.Huge position was build up at Tata Steel June Call Option Strike Price 400.Good build up was also seen at Suzlon June Call Option Strike Price 110. Tactics for Future Option players. 1)NTPC(198) Lot Size-1625 Shares Buy One Call Option of July Strike Price 200@13.50 Rs. Sell One Call Option of July Strike Price 220 @7.55 Rs. Premium .Paid=13.50*1625=21937.50 Rs. Premium Received=.7.55*1625=12268.75.00 Rs. Net Premium Paid=21937.50-12268.75=9668.75 Rs. Maximum Profit=220-200=20*1625=32500.00-9668.75=22831.25 Rs. Maximum Loss=9668.75 Rs. Break Even Price=205.95 2)Infosys Tech(1772) July Future-Lot Size 200 shares. Buy One Lot July Future @1772.00 Rs. Sell One Call Option of July Strike Price 1890@51.50 Rs. Premium Received=51.50*200=10300.00 Rs Maximum Profit=1890-1772=118*200=23600.00 +10300.00=33900.00 Rs. Max Loss=Unlimited. Trading Idea 1)Punj Lloyd(194.85)Buy this Stock in decline and trade 2)LITL(343.90)Buy this Stock in decline and trade Trend of Major Stocks STOCK TREND Days WeeklyTrend MonthlyTrend BHEL.NS Neutral 1 Falling Rising ICICIBANK.NS Neutral 1 Falling Rising INFOSYSTC.NS Bulllish 2 Rising Rising ITC.NS Bulllish 1 Rising Falling MARUTI.NS Bearish 6 Falling Rising SBIN.NS Bulllish 8 Rising Rising TATASTEEL.NS Neutral 1 Falling Rising TCS.NS Bearish 4 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 2088.85 45.68 51.78 41.16 ICICIBANK.NS 714.05 44.02 52.88 27.2 INFOSYSTC.NS 1770.4 60.36 51.12 63.97 ITC.NS 200.6 56.86 56.55 27.71 MARUTI.NS 1049.9 59.71 56.25 31.43 SBIN.NS 1724.6 48.1 55.59 34.8 TATASTEEL.NS 412.55 54.11 53.53 31.74 TCS.NS 379.8 67.62 24.78 45.74 |
Friday, June 26, 2009
NIFTY July 2009 Future
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