BSE Sensex (16739.01) and Nifty (5048.60) closed up 3.6% and 3.8% respectively last week.Nifty Future January was quoting at 10.05 points premium.Nifty call option January 5100 was very active.Support for Sensex is at 16250. Resistance for Sensex is at 17280 .Support for Nifty is at 4900 and resistance at 5220. RBI third quarter review of monetary policy 2011-12 is scheduled on Tuesday, 24 January 2012. L &T,MARUTI,IDEA,GAIL,CAIRN,REC,BIOCON and NTPC will announce results next week. ICICI Bank and TITAN added Open Interest in January series.Huge position was build up at SBI January Call Option Strike Price 1900.Good build up was also seen at RIL January Call Option Strike Price 800.. Strategy for Futures Option players. 1)WIPRO( 413.75) lot size 1000 shares Buy One Call Option of January Strike Price 400...