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Bullet Advisory Analyses Indian Share Bazzar NSE BSE Shares

Bullet Advice For Indian Stocks Weekly- union budget will decides the market trend

BSE Sensex (14913) and Nifty (4424.25)  closed 1.0% and 1.1 % up respectively

last week.Nifty OI put call ratio was 0.99.Nifty Future July was quoting  at 0.4 points premium.Nifty Call Option July 4700 was very active.Support for Sensex is at 14520 and  Nifty  at 4300.Resistance for Sensex is at 15340 and Nifty is at 4560.Crude oil was at 65.63 $.

Union Budget will be presented on 6the July 2009 by Finance Minister Pranab Mukharjee. Expectations are high from the budget with thrust on infrastructure,divestment,removal of FBT(Fringe Benefit Tax) and STT(Securities Transaction Tax).

..

RIL and  TataSteel added Open Interest in July  series..PFC and BPCL shaded Open Interest.Huge position was build up at RIL July Call Option Strike Price 2100.Good build up was also seen at Tata Steel July Call Option Strike Price 440.

Tactics for Future Option players.

1)ChambalFertilzer(70.95) Lot Size-3450 Shares

  1. Premium .Paid=6.90*3450=23805.00 Rs.

Premium Received=.3.45*3450=11902.50 Rs.

Net Premium Paid=23805-11902.50=11902.50  Rs.

Maximum Profit=80-70=10*3450=34500-11902.50=22597.50 Rs.

Break Even Price=73.45

2)NTPC(205.80) July Future-Lot Size 1625 shares.

Buy One Lot July Future @205.80

Sell One Call Option of  July Strike Price 220@5.70 Rs.

Premium Received=5.7*1625=9262.50 Rs

Maximum Profit=220-205.80=14.2*1625=23075+9262.50=32337.50 Rs.

Max Loss=Unlimited.

Trend of Major Stocks

STOCK TREND Days  WeeklyTrend  MonthlyTrend

  1. BHEL.NS                    Bulllish  1          Falling  Falling
  2. ICICIBANK.NS         Bulllish  1          Falling  Falling
  3. INFOSYSTC.NS        Bulllish  3          Falling  Rising
  4. ITC.NS                        Bearish 5          Falling  Rising
  5. MARUTI.NS               Bulllish  1          Falling  Falling
  6. SBIN.NS                     Bullish 1          Falling  Rising
  7. TATASTEEL.NS         Bulllish  3          Falling  Rising
  8. ITCS.NS                     Bulllish  8          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

  1. BHEL.NS                    2186.3 38.62   54.83   29.11
  2. ICICIBANK.NS         754.95 47.01   55.25   17.51
  3. INFOSYSTC.NS        1805.15 63.33 52.27   70.15
  4. ITC.NS                         191.7  33.08   47.81   18.76
  5. MARUTI.NS            1058.75  53.25   55.45   18.12
  6. SBIN.NS                  1809.65  47.56   57.83   33.55
  7. TATASTEEL.NS         437.95 47.91   59.8     20.89
  8. TCS.NS           390.95 61.09   30.35   44.39

Trading Idea

1)TataPower(1187.10)Buy this stock in decline and trade.

2)IDFC(144.90) Buy this stock in decline and trade.

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.Most preferred paid subscription stocktips calls website of India.Excellent success ratio of more than 90% with superb trading ideas.

Website   http://www.narendranainani.blogspot.com

narendra nainani

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 BESTINTRADAYSTOCKFUTURETIPSINDIA.

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