Sensex gives up gains, closes dull
A benchmark index for Indian equities markets Wednesday gave up its gains and closed on a sombre note.
Read more on Calcutta News
Sensex gives up gains, closes dull
A benchmark index for Indian equities markets Wednesday gave up its gains and closed on a sombre note.
Read more on Calcutta News
Sensex snaps 3-day gaining streak
MUMBAI: Hectic selling in financial and realty stocks on the Bombay Stock Exchange on Wednesday, ahead of Reserve Bank of India’s monetary policy review, halted the three-day gaining streak and the Sensex ended lower by 151 points at 19647.77 against 19799.19 on Tuesday.
Read more on The Hindu
India’s Sensex falls; Bharti, Hindalco lead drop; rupee climbs
Bloomberg/Mumbai India’s benchmark stock index declined yesterday. Bharti Airtel and Hindalco Industries led the drop after posting quarterly earnings that fell short of analyst estimates.
Read more on Gulf Times
Sensex rallies for fifth straight week, eyes 21,000 points
India’s benchmark index rallied for the fifth consecutive week, led by continued inflow of funds from foreign institutional investors on the back of positive cues from global markets and robust economic growth outlook.
Read more on Calcutta News
Sensex Index Falls Before Indian Court Rules on Razed Mosque; ONGC Drops
India’s stocks fell, paring the benchmark index’s quarterly gain, before a court verdict today on a religious dispute that sparked riots two decades ago.
Read more on Bloomberg
Sensex Index Falls Before Indian Court Rules on Razed Mosque; ONGC Drops
India’s stocks fell, paring the benchmark index’s quarterly gain, before a court verdict today on a religious dispute that sparked riots two decades ago.
Read more on Bloomberg
Sensex down 75 points, Asian cues weak
A benchmark index of Indian equities Thursday slipped further in noon trade and was ruling 75 points lower, joining other sombre Asian markets.
Read more on Calcutta News
Sensex up 162 points in noon trade, Asian cues help
A benchmark index of the Indian equities rose 162 points in noon trade Monday with a healthy buying interest seen across the board.
Read more on Calcutta News
Indian shares climbed more than 1 percent powered by foreign fund inflows as positive data in the U.S. bolstered hopes the world's largest economy was on firmer ground, fuelling a rally across Asian markets. Read the full story
Bullet Advice For Indian Stocks Weekly- Nifty outperforms global indices scales 52 week high
BSE Sensex (15237.94) and Nifty (4583.40) closed 0.9% up and 0.1% down respectively last week. Nifty OI Put Call Ratio was 1.09.Nifty Future June was quoting at 4.50 points premium.Nifty Call Option June 4700 was very active.Support for Sensex is at 14650 and Nifty at 4400.Resistance for Sensex is at 15700 and Nifty is at 4730.Crude oil was at 71.50 $.
Indian market continued it’s uptrend for the 14th consecutive week and climbed to 52 week high.Nifty has outperformed the global indices by wide margin.Inherent strength of the economy combined with stable Government at the center invited fresh buying from investors.
RIL and TataSteel added Open Interest in June Series.Sintex and GMR Infra shaded Open Interest.Huge position was build up at RIL June Call Option Strike Price 2400.Good build up was also seen at ICICI Bank June Call Option Strike Price 760.
Tactics for Future Option players.
1)Reliance Industries(2362.10) Lot Size-300
Sell One Call Option of June Strike Price 2460 @44.00 Rs.
Premium .Paid=80*300=24000.00 Rs.
Premium Received=.44*300=13200.00 Rs.
Net Premium Paid=24000-13200=10800.00 Rs.
Maximum Profit=2460-2370=90*300=27000-10800.00=16200.00 Rs.
Maximum Loss=10800.00 Rs.
Break Even Price=2406
2)ITC(197) June Future-Lot Size 2250 shares.
Buy One Lot JuneFuture @197.00 Rs.
Sell One Call Option of June Strike Price 210@3.20 Rs.
Premium Received=3.20*2250=7200.00 Rs
Maximum Profit=210-197=13*2250=29250.00 +7200.00=36450.00 Rs.
Max Loss=Unlimited.
Trading Idea
1)Cipla(251.05)Buy this Stock in decline and trade 2)Union Bank(231.05)Buy this Stock in decline and trade
Trend of Major Stocks
STOCK TREND Days WeeklyTrend MonthlyTrend
BHEL.NS Bearish 2 Falling Rising ICICIBANK.NS Bulllish 2 Falling Rising INFOSYSTC.NS Bearish 7 Rising Rising ITC.NS Bulllish 3 Rising Falling MARUTI.NS Bearish 1 Rising Rising SBIN.NS Bulllish 3 Rising Rising TATASTEEL.NS Neutral 2 Rising Rising TCS.NS Bearish 1 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 2212.05 Loser 54.35 61.11 ICICIBANK.NS 742.45 Loser 53.69 54.32 INFOSYSTC.NS 1728.45 Loser 48.2 50.18 ITC.NS 196.65 Loser 50.08 54.11 MARUTI.NS 1085.1 Loser 66.56 64.76 SBIN.NS 1634.6 Loser 52.13 54.12 TATASTEEL.NS 457.75 Neutral 73.12 67.93 TCS.NS 764.55 Loser 66.34 66.3
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
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.
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