BSE Sensex (17064.95) and Nifty (5119.35) closed down by 0.40% and 0.30% respectively last week.Nifty Future June was quoting at 6.60 points discount..Nifty Call Option June 5100 was very active.Support for Sensex is at 16920. Resistance for Sensex is at 17270 .Support for Nifty is at 5075 and resistance at 5180. The first installment of corporate advance tax falls due on 15 June 2010.Advance tax nos. will be watched carefully. A Empowered Group of Ministers (EGoM) which meets on Thursday, 17 June 2010 may consider freeing petrol prices from government control. RIL and Tata Steel added Open Interest in June series.Huge position was build up at RIL June Call Option Strike Price 1050.Good build up was also seen at Hindalco June Call Option Strike Price 140. Strategy for Futures Option players. 1)RIL(1045.05) Lot Size-300 Shares Buy One Call Option of June Strike Price 1050@20.10 Rs Sell One Call Option of June Strike Price 1100@6.25 Rs. Premium .Paid=20.10*300= 6030.00 ...