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Showing posts from March, 2013

Next Budget session of the Parliament begins on 22 April 2013

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BSE Sensex (18835.77)   and Nifty (5682.55) closed   up   by 0.5% and 0.6.% respectively last week.Nifty Future April was quoting   at   42.25   points premium.Nifty call option April   5700 was very active.Support for Sensex is at   18650. Resistance for Sensex is at 19000. Support for Nifty is at 5620 and resistance at 5720. TATA STEEL     and   HINDALCO added Open Interest in April   series.Huge position was build up at   TATASTEEL April   Call Option Strike Price 320.Good build up was also seen at   ONGC   April Call Option Strike Price 320. Strategy   for Futures Option players.                                                    ...

BULLET ADVISORY INDIAN STOCKS

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Standard & Poor’s lowering the credit rating of Cyprus invites profit booking

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BSE Sensex (18735.60)   and Nifty (5651.35) closed   down   by 3.6% and 3.8.% respectively last week.Nifty Future March was quoting   at   14.65   points premium.Nifty call option March   5700 was very active.Support for Sensex is at   18250. Resistance for Sensex is at 19200. Support for Nifty is at 5500 and resistance at 5800. HIND PETRO     and   IDBI added Open Interest in March   series.Huge position was build up at   SBI March   Call Option Strike Price 2150.Good build up was also seen at   DLF   March Call Option Strike Price 240. Strategy   for Futures Option players.                                                      ...

RBI may tighten monetary policy to bring down the inflation

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BSE Sensex (19427.56)   and Nifty (5872.60) closed  down  by 1.3% and 1.2% respectively last week.Nifty Future March was quoting   at  28.40  points premium.Nifty call option March  6000 was very active.Support for Sensex is at  19150. Resistance for Sensex is at 19720. Support for Nifty is at 5785 and resistance at 5960. HIND UNILEVER  and   RANBAXY added Open Interest in March   series.Huge position was build up at  SBI March  Call Option Strike Price 2300.Good build up was also seen at  ICICI BANK  March Call Option Strike Price 1100. Strategy  for Futures Option players.                                                      ...

Federal Open Market Committee (FOMC) meet on interest rates on 19-20 March 2013

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BSE Sensex (19683.23)   and Nifty (5945.70) closed  up  by 4% and 4.01% respectively last week.Nifty Future March was quoting   at  20.15  points premium.Nifty call option March  6000 was very active.Support for Sensex is at  19050. Resistance for Sensex is at 20000. Support for Nifty is at 5780 and resistance at 6120. RCOM  and   IDFC added Open Interest in March   series.Huge position was build up at  RCOM March  Call Option Strike Price 80.Good build up was also seen at  IDFC  March Call Option Strike Price 170. Strategy  for Futures Option players.                                                          ...

RBI to review mid-quarter Monetary Policy 2012-13 on 19 March 2013

BSE Sensex (18918.50)   and Nifty (5719.70) closed   down 2.1% and 2.2% last week.Nifty Future March was quoting at   8.30   points premium.Support for Sensex is at 18670 and resistance at 19300.Support for the Nifty is at 5650 and resistance at 5830.Nifty call option March   5800 was very active. INFY   and  SBI added Open Interest in March   series.Huge position was build up at   SBI   March   Call Option Strike Price 2200.Good build up was also seen at   DLF   March Call Option Strike Price 280. Strategy   for Futures Option players.   (1) WIPRO (421.70) lot size 1000 shares                                                    ...