Bullet Advisory Indian Stocks Weekly-Possibility of coalition Government keep Local Institutions shy as FII's buy

BSE Sensex (10048.49) and Nifty (3108.65) closed 12.1% and 10.7% up respectively last week. Nifty Put Call Ratio was 1.17. Nifty April 2700 Put Option was very active. .Support for Sensex is at 9350 and Nifty at 2900.Resistance for Sensex is at 10820 and Nifty is at 3320. Inflation was at 0.27 v/S 0.44 last week. Crude oil was at 52.50$.FII's turned net buyers during the week but local funds and institutions remained sellers.Increasing fiscal deficit,flat to negative exports growth, no early signs of improvement in economy were major concerns.RNRL and Reliance Capital added Open Interest in April Series. PFC and Nagarjuna Construction shaded Open Interest.Huge position was build up at Ashok Leyland April Call Option Strike Price 20.Good build up was also seen at Arvind Mill April Call Option Strike Price 15. .
Tactics for Future Option players. 1)RPOWER(109.95) Lot Size-2000 Shares Buy One Call Option of April Strike Price 110@7.50 Rs. Sell One Call Option of April Strike Price 120@3.55 Rs. Premium .Paid=7.50*2000=15000.00 Rs. Premium Received=.3.55*2000=7100.00 Rs. Net Premium Paid=15000-7100=7900.00 Rs. Maximum Profit=120-110=10*2000=20000.00-7900.00=12100.00 Rs. Maximum Loss=7900.00 Rs. Break-even= 113.95

2)ASHOKLEYLAND(18.85) April Future-Lot Size 19100 shares. Buy One Lot April Future @18.85 Rs. Sell One Call Option of April Strike Price 20.00@0.85 Rs. Premium Received=0.85*19100=16235.00 Rs. Max Profit==20-18.85=1.15*19100=21965.00+16235.00=38200.00 Rs. Max Loss=Unlimited.



Trading Idea

1)NTPC(182.10)Buy this Stock in decline and trade. 2)ALOKTEXTILES(12.45)Buy this Stock in decline and trade


Trend of Major Stocks

STOCK TREND Days WeeklyTrend MonthlyTrend

BHEL.NS Bulllish 4 Rising Rising ICICIBANK.NS Bulllish 5 Rising Falling INFOSYSTC.NS Bearish 1 Rising Rising ITC.NS Bulllish 5 Rising Rising MARUTI.NS Bulllish 2 Rising Rising SAIL.NS Bulllish 3 Rising Rising SBIN.NS Bulllish 5 Rising Falling TATASTEEL.NS Bulllish 12 Rising Rising TCS.NS Bulllish 2 Rising 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 1549.8 66.75 59.59 20.11

ICICIBANK.NS 385.2 58.06 61.97 23.42 INFOSYSTC.NS 1344.9 73.21 61.76 22.78 ITC.NS 186.3 57.75 65.2 20.65 MARUTI.NS 768.5 70.06 71.56 47.32 SAIL.NS 102.8 67.39 70.25 26.87 SBIN.NS 1124.3 43.07 64.2 30.69 TATASTEEL.NS 223.2 74.27 70.98 26.25 TCS.NS 574.85 78.5 70.11 21.82 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.