Indian Stock Market Tips
Bullet Advice For Indian Stocks Weekly – Coal India IPO will soak liquidity from the market BSE Sensex (20125.05) and Nifty (6062.65) closed down 0.60% and 0.7% respectively last week.Nifty Future October was quoting at 20.25 points premium.Nifty call option October 6200 was very active.Support for Sensex is at 19860. Resistance for Sensex is at 20350 .Support for Nifty is at 5980 and resistance at 6130.. IPO of Coal India opens for bidding on 18th October 2010 and closes on 21st October 2010.L & T,HDFC,HDFC Bank,Bajaj Auto,ACC,TCS,Bank India and Wipro will announce Q2 results next week. Infosys and Tata Steel added Open Interest in October series.Huge position was build up at RIL October Call Option Strike Price 1080.Good build up was also seen at Infosys October Call Option Strike Price 3200. Strategy for Futures Option players. 1)MRPL(80.80) Lot Size-4000 Shares Buy One Call Option of October Strike Price [email protected] Rs Sell One Call Option of October Strike Price [email protected] Rs. Premium .Paid=3.15*4000= 12600.00.00 Rs. Premium Received=1.65*4000= 6600.00 Rs. Net Premium Paid==12600.00-6600.00=6000.00 Rs. Maximum Profit==85.00-80.00==5*4000=20000.00-6000.00=14000.00 Rs. Maximum Loss= 6000.00 Rs. Break Even Price=81.50 2)Essar Oil(138.50) October Future-Lot Size 2000 shares. Buy One Lot October Future @138.50 Rs Sell One Call Option of October Strike Price [email protected] Rs. Premium Received=3.50*2000= 7000.00 Rs Maximum Profit=140.00-138.50=1.5*2000=3000.00 + 7000.00 =10000=00 Rs. Max Loss=Unlimited. Trend of Major Stocks STOCK TREND Days WeeklyTrend MonthlyTrend BHEL.NS Bearish 2 Falling Rising ICICIBANK.NS Bearish 2 Falling Rising INFOSYSTC.NS Bearish 1 Falling Rising ITC.NS Bearish 1 Rising Falling MARUTI.NS Bearish 1 Rising Rising SBIN.NS Bearish 2 Falling Rising TATASTEEL.NS Bearish 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 2524.85 53.87 49.43 19.94 ICICIBANK.NS 1124.65 55.58 55 37.56 INFOSYSTC.NS 3076.3 65.64 56.25 45.26 ITC.NS 171.95 47.05 45.62 17.79 MARUTI.NS 1518.9 73.24 63.01 25.42 SBIN.NS 3165.65 76.04 52.7 52.91 TATASTEEL.NS 635.85 70.19 54.1 28.01 TCS.NS 950.3 49.51 55.35 22.49 Trading Idea 1)TTML(24.90)Buy this stock in decline and trade. 2)PTC(123.35) 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 nainaninarendra.blogspot.com. Website subscriptionnarendranainani.blogspot.com
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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