Bullet Advisory Analyses Indian Stock Market  NSE Future Stocks

Bullet Advice For Indian Stocks Weekly – market anxiously wait for lawsuit advance tax nos from corporate

BSE Sensex (17119.03) and Nifty (5117.30) closed up by  0.1%  and 0.2% respectively  last week.Nifty Future December was quoting at 5.70 points discont.Nifty Call Option December 5200 was very active.Support for Sensex is at  16920. Resistance for Sensex is at 17330 .Support for Nifty is at 5050 and resistance at 5180.Crude oil was at 70.1 $.

Recently listed IPO shares of Cox and King listed at handsome premium to the issue price.

SBI and  Tata Steel added Open Interest in December series.Huge position was build up at  Reliance Industries December Call Option Strike Price 1080.Good build up was also seen at Tata Steel  December Call Option Strike Price 560..

1)Chambal Fertilizer(60.10) Lot Size-3450 Shares

Buy One Call Option of  December Strike Price 60@ Rs.2.75 Rs

Sell One Call Option of  December Strike Price 65@1.15 Rs.

Premium .Paid=2.75*3450= 9487.50 Rs.

Premium Received=1.15*3450= 3967.50Rs.

Net Premium Paid==9487.50-3967.50=5520.00 Rs.

Maximum Profit==65-60==5*3450=17250-5520=11730.00 Rs.

Maximum Loss= 5520.00 Rs.

Break Even Price=61.60

2)TTML(27.50) December Future-Lot Size 10450 shares.

Buy One Lot December Future @27.50

Sell One Call Option of December Strike Price 30@0.40 Rs.

Premium Received=0.4*10450= 4180.00 Rs

Maximum Profit=30-27.50=2.5*10450=26125 4180=30305.00 Rs.

Max Loss=Unlimited.

Trend of Major Stocks

STOCK TREND Days WeeklyTrend MonthlyTrend

  • BHEL.NS        Bulllish  5          Rising   Falling
  • ICICIBANK.NS         Neutral 1          Flat!     Flat!
  • INFOSYSTC.NS        Bulllish  4          Rising   Falling
  • ITC.NS            Bearish 2          Flat!     Flat!
  • MARUTI.NS   Bearish 2          Rising   Falling
  • SBIN.NS         Bearish 4          Flat!     Flat!
  • TATASTEEL.NS         Bearish 6          Flat!     Flat!
  • TCS.NS           Neutral 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        2371.3 53.74   68.71   12.98
  • ICICIBANK.NS         864.5   43.63   47.04   13.15
  • INFOSYSTC.NS        2460.75           71.49   63.75   23.97
  • ITC.NS            252.75 31.12   45.97   14.11
  • MARUTI.NS   1591.75           71.53   54.82   13.97
  • SBIN.NS         2266.45           49.19   47.94   14.78
  • TATASTEEL.NS         546.55 49.94   49.85   14.61
  • TCS.NS           706.1   75.84   65.7     20.96

    • Trading Idea

    1)Balram Chini(144.80)Buy this stock in decline and trade.

    2)J P Hydro(75.60) Buy this stock in decline and trade

    By

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