Bullet Advisory Analyses Indian Share Market Future Option Stocks Bullet Advice For Indian Stocks Weekly ' market will respond to Q1 results BSE Sensex (17955.82) and Nifty (5393.90) closed up 0.7% and 0.8% respectively last week.Nifty Future July was quoting at 7.10 points premium..Nifty Call Option July 5400 was very active.Support for Sensex is at 17820. Resistance for Sensex is at 18130 .Support for Nifty is at 5345 and resistance at 5450. Monsoon rains were 24% below normal last week.HDFC Bank,Kotak Mahindra Bank,ACC,ITC,Idea Cellular,PNB,Bajaj Auto,BHEL,Wipro and Maruti will announce Q1 results next week. TCS and IFCI added Open Interest in July series.Huge position was build up at IFCI July Call Option Strike Price 60.Good build up was also seen at TCS July Call Option Strike Price 820. Strategy for Futures Option players. 1)TCS(830) Lot Size-500 Shares Buy One Call Option of July Strike Price 820@20.00 Rs Sell One Call Option of July Strike Price 840@10.00 Rs. Premium .Paid=20*500= 10000.00.00 Rs. Premium Received=10*500= 5000.00 Rs. Net Premium Paid==10000.00-5000.00=5000.00 Rs. Maximum Profit==840-820==20*500=10000.00-5000.00=5000.00 Rs. Maximum Loss= 5000.00 Rs. Break Even Price=830.00 2)LIC Housing(1065.50) July Future-Lot Size 250 shares. Buy One Lot July Future @1065.50 Rs Sell One Call Option of July Strike Price 1080@20.10 Rs. Premium Received=20.10*250= 5025.00 Rs Maximum Profit=1080.00-1065.50=14.50*250=3625.00+ 5025.00=8650.00 Rs. Max Loss=Unlimited. Trend of Major Stocks STOCK TREND Days WeeklyTrend MonthlyTrend BHEL.NS Bearish 2 Rising Rising ICICIBANK.NS Bulllish 1 Rising Falling INFOSYSTC.NS Bearish 3 Falling Rising ITC.NS Bearish 1 Falling Rising MARUTI.NS Bearish 5 Falling Rising SBIN.NS Neutral 1 Rising Rising TATASTEEL.NS Bearish 1 Rising Falling TCS.NS Bulllish 2 Rising Falling 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 2437.85 68.66 55.11 15.87 ICICIBANK.NS 901 51.25 58.53 13.29 INFOSYSTC.NS 2786 55.45 52.58 16.59 ITC.NS 298 64.77 53.01 18.77 MARUTI.NS 1378.5 47.18 50.37 42.68 SBIN.NS 2448 56.74 65.91 33.88 TATASTEEL.NS 507.5 63.55 55.27 20.54 TCS.NS 830.8 64.88 68.26 14.12 Trading Idea 1)Kotak Mahindra Bank(784.35)Buy this stock in decline and trade. 2)Edelweiss(516.60) 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 Website facebook.com/pages/AhmedabadGujaratIndia/Bullet-Advice-For-Indian-Stocks/140925199054. Website twitter.com/narendranainani
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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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