BSE Sensex (17870.53) and Nifty (5366.40) closed down .2.2% and 2.21% respectively last week.Nifty Future June was quoting at 6.30 points premium.Nifty call option June 5400 was very active.Support for Sensex is at 17500. Resistance for Sensex is at 18200 .Support for Nifty is at 5250 and resistance at 5470.. Power Finance Corporation and Zee Entertaintment will declare the quarterly results next week. Federal Reserve holds its next policy meeting on Tuesday, 21 June 2011 RIL and TATA STEEL added Open Interest in June series.Huge position was build up at TATA STEEL June Call Option Strike Price 580.Good build up was also seen at RIL June Call Option Strike Price 900. Strategy for Futures Option players. 1)IDEA(77.65) Lot Size-4000 Shares Buy One Call Option of June Strike Price 75.00@2.80 Rs Sell One Call Option of June Strike Price 80.00@0.90 Rs. Premium .Paid=2.80*4000=11200.00 Rs. Premium Recei...