Does this help?
\documentclass{article}
\makeatletter
\newdimen\mymathindent
\newenvironment{bulletequation}%
{\@beginparpenalty\predisplaypenalty
\@endparpenalty\postdisplaypenalty
\refstepcounter{equation}%
\trivlist \item[]\leavevmode
\hb@xt@\linewidth\bgroup $\m@th% $
\displaystyle
\hskip\mymathindent}%
{$\hfil % $
\displaywidth\linewidth\hbox{\@eqnnum}%
\egroup
\endtrivlist}
\makeatother
\begin{document}
\begin{itemize}
\item \begin{bulletequation} 1+2=3\end{bulletequation}
\end{itemize}
\end{document}