BULLET ADVICE FOR INDIAN STOCKS

BSE Sensex (19286.72)   and Nifty (5871.45) closed   up   by 1.4% and   1.5% respectively last week.Nifty Future May was quoting   at   17.55   points premium.Nifty put option May   5800 was very active.Support for Sensex is at   19000.Resistance for Sensex is at 19500. Support for Nifty is at 5790 and resistance at 5940. Market remains closed on 1   May 2013 because of Maharashtra Day. IDEA   and   TATA MOTORS added Open Interest in May   series.Huge position was build up at   ICICI BANK May   Call Option Strike Price 1200.Good build up was also seen at   MARUTI   Call May   Option Strike Price 1700. Strategy   for Futures Option players.                                        ...

BSE Sensex (19016.46)   and Nifty (5783.10) closed   up   by 4.2% and   4.6% respectively last week.Nifty Future April was quoting   at   0.10   points discount.Nifty call option April   5800 was very active.Support for Sensex is at   18750. Resistance for Sensex is at 19340. Support for Nifty is at 5690 and resistance at 5880. CAIRN,HDFC BANK,AXIS BANK,ICICI BANK and MARUTI will announce Q4 results next week. SBI   and   TCS added Open Interest in April   series.Huge position was build up at   SBI April   Call Option Strike Price 2300.Good build up was also seen at   TCS   Call April   Option Strike Price 1500. Strategy   for Futures Option players.                                       ...

BSE Sensex (18242.56)   and Nifty (5528.55) closed   down   by 1.1% and 0.4% respectively last week.Nifty Future April was quoting   at   4.45   points premium.Nifty call option April   5500 was very active.Support for Sensex is at   18050. Resistance for Sensex is at 18500. Support for Nifty is at 5480 and resistance at 5580. RIL,TCS and WIPRO will announce Q4 results next week. SBI   and   DLF added Open Interest in April   series.Huge position was build up at   INFY April   Call Option Strike Price 2500.Good build up was also seen at   INFY   Put April   Option Strike Price 2400. Strategy   for Futures Option players.                                            ...