Best Stock Advice India Stock Market

Sept. 19, 2010 - PRLog -- Bullet Advisory Analyses Indian Stock Market  Nifty Stocks
Bullet Advice For Indian Stocks Weekly – Nifty and Sensex gain more than 4% in one week


BSE Sensex (19594.75) and Nifty (5884.95) closed  up  4.2%  and 4.3%   respectively  last week.Nifty Future September was quoting at  28.95  points premium.Nifty call option September 5900 was very active.Support for Sensex is at  19120. Resistance for Sensex is at 20110 .Support for Nifty is at 5715 and resistance at 6070..
Foreign funds continued to chase Indian equity during the week.U.S.Ferderal Reserve’s monetary policy meeting will be held on 21st September 2010.

RIL and  Tata Steel added Open Interest in September series.Huge position was build up at  RIL September Call Option Strike Price 1020.Good build up was also seen at Tata Steel September Call Option Strike Price 620.
Strategy  for Futures Option players.   

1)Ranbaxy(534) Lot Size-500 Shares   
Buy One Call Option of  September Strike Price 520@23.10 Rs
Sell One Call Option of  September Strike Price 540@12.35 Rs.
Premium .Paid=23.10*500= 11550.00.00 Rs.
Premium Received=12.35*500= 6175.00 Rs.
Net Premium Paid==11550.00-6175.00=5375.00 Rs.
Maximum Profit==540-520==20*500=10000.00-5375.00=4625.00  Rs.
Maximum Loss=  5375.00 Rs.
Break Even Price=530.75
2)R Power(161.85) September  Future-Lot Size 2000 shares.
Buy One Lot September Future @161.85 Rs

Sell One Call Option of  September Strike Price 170@1.65 Rs.
Premium Received=1.65*2000= 3300.00 Rs
Maximum Profit=170.00-161.85=8.15*2000=16300.00+ 3300.00=19600.00 Rs.
Max Loss=Unlimited.
Trend of Major Stocks
STOCK TREND Days WeeklyTrend MonthlyTrend
BHEL.NS   Bearish   3   Falling   Falling      
ICICIBANK.NS   Neutral   2   Rising   Rising      
INFOSYSTC.NS   Bearish   2   Rising   Falling      
ITC.NS   Neutral   2   Rising   Falling      
MARUTI.NS   Bulllish   3   Rising   Rising      
SBIN.NS   Neutral   2   Rising   Rising      
TATASTEEL.NS   Neutral   1   Rising   Rising      
TCS.NS   Bulllish   1   Rising   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   2443.6   47.73   47.42   11.89
   ICICIBANK.NS   1114.2   71.79   75.01   44.25
   INFOSYSTC.NS   2970.15   71.46   62.4   25.28
   ITC.NS   168.35   76.33   39.59   48.98
   MARUTI.NS   1422   78.57   74.53   19.59
   SBIN.NS   3092.75   74.54   70.9   48.5
   TATASTEEL.NS   604.8   80.61   70.57   26.95
   TCS.NS   913.8   64.67   65.12   16.65
               
            
               
               

               
               
                                             
                              
   Trading Idea
1)Biocon(353.80)Buy this stock in decline and trade.
2)Bajaj Hindustan(126.05) 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.
         Website   http://www.subscriptionnarendranainani.blogspot.com


Website http://nainaninarendra.blogspot.com

# # #

BULLET ADVISORY INDIAN STOCKS - Narendra Nainani Renowned Technical Analyst provides Advisory Service for Indian Stocks.Advice for Portfolio Nifty,Sensex,Stock Future,Nifty Stock Call Put Option with excellent success ratio.You can join this.
Website BESTSTOCKSBUY .
Website nainaninarendra.blogspot.com.