Bullet Advice For Indian Stocks Weekly –market awaits RNRL-RIL case verdict by supreme court. BSE Sensex (17558.70) and Nifty (5278.00) closed down by 0.8% and 0.5% respectively last week.Nifty Future May was quoting at 15.20 points discount..Nifty Call Option May 5300 was very active.Support for Sensex is at 17320. Resistance for Sensex is at 17800 .Support for Nifty is at 5200 and resistance at 5350. HDFC,Cipla,Idea Cellular,PNB,Dr.Reddy,JSW Steel and Lupin will announce Q4 results next week.Supreme Court may pronounce its verdict on RIL and RNRL gas sale dispute shortly. SBI and Tata Steel added Open Interest in May series.Huge position was build up at IFCI May Call Option Strike Price 55.Good build up was also seen at IDBI Bank May Call Option Strike Price 130. Strategy for Futures Option players. 1)Ashok Leyland(60.05) Lot Size-9550 Shares Buy One Call Option of May Strike Price 60@2.75 Rs Sell One Call Option of May Strike Price 65@0.90 Rs. Premium .Paid=2.75*9550= 26262.50 Rs. Premium Received=0.90*9550= 8595.00 Rs. Net Premium Paid==26262.50-8595.00=17667.50 Rs. Maximum Profit==65-60==5*9550=47750-17667.50=30082.50 Rs. Maximum Loss= 17667.50 Rs. Break Even Price=61.85 2)Cipla(344.05) May Future-Lot Size 1250 shares. Buy One Lot May Future @344.05 Sell One Call Option of May Strike Price 360@5.90 Rs. Premium Received=5.90*1250= 7375.00 Rs Maximum Profit=360.00-344.05=15.95*1250=19937.50+7375.00=27312.50 Rs. Max Loss=Unlimited. Trend of Major Stocks STOCK TREND Days WeeklyTrend MonthlyTrend BHEL.NS Bulllish 2 Falling Rising ICICIBANK.NS Bulllish 2 Falling Rising INFOSYSTC.NS Bulllish 1 Falling Rising ITC.NS Bearish 2 Falling Rising MARUTI.NS Bearish 5 Falling Falling SBIN.NS Bulllish 2 Rising Rising TATASTEEL.NS Bearish 4 Falling Falling TCS.NS Neutral 1 Falling 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 2492.25 59.73 53.81 16.25 ICICIBANK.NS 951.95 45.1 52.45 10.84 INFOSYSTC.NS 2738.15 52.98 54.77 14.63 ITC.NS 265.85 51.52 51.95 16.83 MARUTI.NS 1279.7 28.95 34.1 38.68 SBIN.NS 2300.7 62.97 73.03 30.57 TATASTEEL.NS 618.85 56.2 39.15 22.1 TCS.NS 765.4 37.67 38.59 23.21 Trading Idea 1)BPCL(517.50)Buy this stock in decline and trade. 2)IDBI(126.45) 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 NIFTYTRADING . Website subscriptionnarendranainani.blogspot.com

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