Bullet Advisory-Bullet Advice For Indian Stocks Weekly – market look forward for inflation figure BSE Sensex (20250.26) and Nifty (6103.45) closed down 1.0% and 0.7% respectively last week.Nifty Future October was quoting at 38.70 points premium.Nifty call option October 6200 was very active.Support for Sensex is at 20000. Resistance for Sensex is at 20590 .Support for Nifty is at 6000 and resistance at 6200.. IPO of Coal India opens on 18th October 2010.High inflation rate remains a concern for the Indian economy. Reliance Industries and Tata Steel added Open Interest in October series.Huge position was build up at RIL October Call Option Strike Price 1050.Good build up was also seen at IFCI October Call Option Strike Price 75. Strategy for Futures Option players. 1)PTC(123.80) Lot Size-2000 Shares Buy One Call Option of October Strike Price 120@7.00 Rs Sell One Call Option of October Strike Price 130@2.30 Rs. Premium .Paid=7*2000= 14000.00.00 Rs. Premium Received=2.3*2000= 4600.00 Rs. Net Premium Paid==14000.00-4600.00=9400.00 Rs. Maximum Profit==130-120==10*2000=20000.00-9400.00=10600.00 Rs. Maximum Loss= 9400.00 Rs. Break Even Price=124.70 2)Wipro(466.80) October Future-Lot Size 833 shares. Buy One Lot October Future @466.80 Rs Sell One Call Option of October Strike Price 480@10.55 Rs. Premium Received=10.55*833= 8788.15 Rs Maximum Profit=480.00-466.80=13.20*833=10995.60+ 8788.15=19783.75 Rs. Max Loss=Unlimited. Trend of Major Stocks STOCK TREND Days WeeklyTrend MonthlyTrend BHEL.NS Bearish 2 Rising Rising ICICIBANK.NS Bearish 2 Falling Rising INFOSYSTC.NS Neutral 1 Rising Rising ITC.NS Bearish 5 Rising Falling MARUTI.NS Bearish 2 Rising Rising SBIN.NS Neutral 1 Falling Rising TATASTEEL.NS Bearish 2 Falling Rising TCS.NS Bearish 2 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 2581.25 59.07 59.46 24.6 ICICIBANK.NS 1126.2 61.55 60.23 40.71 INFOSYSTC.NS 3076.3 79.82 62.72 43.71 ITC.NS 172.45 48.9 45.66 21.21 MARUTI.NS 1497.2 78.93 69.25 27.96 SBIN.NS 3247.4 85.55 69.92 59.34 TATASTEEL.NS 626.6 73.12 53.39 38.23 TCS.NS 942.6 51.38 59.34 27.32 Trading Idea 1)BankBaroda(942.20)Buy this stock in decline and trade. 2)Cipla(337.20) 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 nainaninarendra.blogspot.com

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