BULLET ADVICE FOR INDIAN STOCKS

  BSE Sensex (16217.82) and Nifty (4920.40)   closed   up   0.4%   and   0.3%    respectively   last week.Nifty Future May was quoting   at 7.50   points premium.Nifty call option May   4900 was very active.Support for Sensex is at   15900. Resistance for Sensex is at 16650 .Support for Nifty is at 4830 and resistance at 5050. Coal India,IOC,Bombay Dyeing,Oil India,NMDC,Neyveli Lignite,Balrampur Chini,HPCL,ONGC,SAIL,Tata Motors,ABG Shipyard,Sun Pharma,Power Grid,DLF,GAIL   and HDIL will declare Q4 results next week.   Tata Steel and   SBI added Open Interest in May   series.Huge position was build up at   SBI   Call Option Strike 2000.Good build up was also seen at   Tata Steel   May Call Option Strike Price 400. Strategy   for Futures Option players.                   ...

  BSE Sensex (16152.75) and Nifty (4891.45)   closed   down   0.9%   and   0.5%    respectively   last week.Nifty Future May was quoting   at 13.55   points premium.Nifty call option May   4900 was very active.Support for Sensex is at   15850. Resistance for Sensex is at 16420 .Support for Nifty is at 4820 and resistance at 4980. BHEL,Tata Power,ITC and BPCL will declare Q4 results next week.   ICICI Bank and   SBI added Open Interest in May   series.Huge position was build up at   SBI   Call Option Strike 1950.Good build up was also seen at   IDFC May Call Option Strike Price 120. Strategy   for Futures Option players.                                            ...

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  BSE Sensex (16300.42) and Nifty (4928.90)   closed   down   3.2%   and   3.1%    respectively   last week.Nifty Future May was quoting   at 0.10   points premium.Nifty call option May   5000 was very active.Support for Sensex is at   15780. Resistance for Sensex is at 16750 .Support for Nifty is at 4770 and resistance at 5075. Ashok Leyland,JSW Steel,Unitech,Bajaj Auto,Tata Steel   and Coal India will declare Q4 results next week.. Hopes of further interest rate cuts by the Reserve Bank of India to boost the economy may invite selective buying at lower levels. ICICI Bank and   SBI added Open Interest in May   series.Huge position was build up at   SBI   Call Option Strike 1900.Good build up was also seen at   RIL May Call Option Strike Price 700. Strategy   for Futures Option players.                ...

  BSE Sensex (16831.08) and Nifty (5086.85)   closed   down   1.8%   and   2.0%    respectively   last week.Nifty Future May was quoting   at 4.15   points premium.Nifty call option May   5200 was very active.Support for Sensex is at   16590. Resistance for Sensex is at 17250 .Support for Nifty is at 5000 and resistance at 5200. HDFC,Hindalco,Cipla,Ranbaxy,Dr Reddy   and NTPC will declare Q4 results next week..   ICICI Bank and   SBI added Open Interest in May   series.Huge position was build up at   SBI   Call Option Strike 2200.Good build up was also seen at   RIL May Call Option Strike Price 740. Strategy   for Futures Option players.                                        ...