Bullet Advisory Analyses Indian Stock Market Nifty Stocks Call Put Options

Bullet Advice For Indian Stocks Weekly –market may take breather after sharp run up

BSE Sensex (17322.82) and Nifty (5142.15) closed  up  by  4.1%  and 4.0% respectively  last week.Nifty Future October was quoting at 4.95 points premium.Nifty Call Option October 5100 was very active.Support for Sensex is at  16890 and Nifty at 5000.Resistance for Sensex is at 17780 and Nifty is at 5280.Crude oil was at 77.39 $.

BHEL,Maruti,SAIL,IDFC and Punj Lloyd will unveils Q2 results next week.RIL-RNRL case will come for hearing on 20th October 2009 in the supreme court.

Nagarjuna Fertilizer and Essar Oil added Open Interest in October series.Huge position was build up at  Cairn October Call Option Strike Price 300.Good build up was also seen at Essar Oil October Call Option Strike Price 180..

1)Chambal Fertilizer(55.90) Lot Size-3450

Buy One Call Option of  October Strike Price 55@ Rs.2.55

Sell One Call Option of  October Strike Price 60@0.80 Rs.

Premium .Paid=2.55*3450=.8797.50 Rs.

Premium Received=0.80*3450=2760.00 Rs.

Net Premium Paid=8797.50-2760.00= 6037.50 Rs.

Maximum Profit==60-55=5*3450==17250-6037.50=11212.50 Rs.

Maximum Loss=6037.50 Rs.

Break Even Price=56.75

2)IDBI(133.90) October Future-Lot Size 2400 shares.

Buy One Lot October Future @133.90

Sell One Call Option of October Strike Price 140@2.65 Rs.

Premium Received=2.65*2400= 6360.00 Rs

Maximum Profit=140-13.90=6.1*3450==14640+6360.00=21000.00 Rs.

Max Loss=Unlimited.

Trend of Major Stocks

STOCK TREND Days WeeklyTrend MonthlyTrend

BHEL.NS        Bulllish  1          Rising   Falling ICICIBANK.NS         Bulllish  1          Flat!     Flat! INFOSYSTC.NS        Bearish 1          Falling  Falling ITC.NS            Bearish 1          Flat!     Flat! MARUTI.NS   Neutral 1          Falling  Rising SBIN.NS         Bulllish  4          Flat!     Flat! TATASTEEL.NS         Neutral 1          Flat!     Flat! TCS.NS           Bulllish  1          Flat!     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         2520.2 66.96   73.6     32.3 ICICIBANK.NS         959.1   76.55   69.11   38.61 INFOSYSTC.NS        2189.95           35.14   44.74   24.72 ITC.NS            252.4   64.26   59.71   47.84 MARUTI.NS   1515.15           50.03   47.16   21.81 SBIN.NS         2446.35           66.93   74.51   34.66 TATASTEEL.NS         566.65 68.08   69.45   35.35 TCS.NS           598.3   51.93   56.65   20.81

Trading Idea

1)GE Ship(294.35)Buy this stock in decline and trade.

2)KS Oil(71.25) 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.

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