BULLET ADVICE FOR INDIAN STOCKS

ECB(European Central Bank) will announce its interest rate decision on 2 October 2013. BSE Sensex (19727.27)    and Nifty ( 5833.20) closed   down   by   2.6 % and   3 % respectively last week.Nifty Future October was quoting   at   54.80   points premium.Nifty Call option October   6200 was very active.Support for Sensex is at   19350.Resistance for Sensex is at 20100. Support for Nifty is at 5700 and resistance at 5950. BPCL   and   DABUR added Open Interest in OCTOBER   series.Huge position was build up at   BPCL   October CALL Option Strike Price 340.Good build up was also seen at   ASHOK LEYLAND   October CALL Option Strike Price 15. Strategy   for Futures Option players.                                 ...

RBI  ups repo rate by 25 bps on inflation concern BSE Sensex (20263.71)   and Nifty ( 6012.10) closed  up  by  2.69% and  2.76 % respectively last week.Nifty Future September was quoting   at  35.10  points premium.Nifty Call option September  6100 was very active.Support for Sensex is at  19750.Resistance for Sensex is at 20720. Support for Nifty is at 5860 and resistance at 6160. AUROPHARMA  and   IRB   added Open Interest in OCTOBER   series.Huge position was build up at  ULTRACEMCO  CALL Option Strike Price 1900.Good build up was also seen at  JSW STEEL  September CALL Option Strike Price 760. Strategy  for Futures Option players.                                       ...

former US Treasury Secretary Lawrence Summers may be declared as the next chairman of the US Federal Reserve Board of Governors. BSE Sensex (19732.76)    and Nifty ( 5850.60) closed   up   by   2.4 % and   3 % respectively last week.Nifty Future September was quoting   at   25.50   points premium.Nifty Call option September   6000 was very active.Support for Sensex is at   19300.Resistance for Sensex is at 20100. Support for Nifty is at 5750 and resistance at 5950. UNITECH   and   RCOM added Open Interest in SEPTEMBER   series.Huge position was build up at   LT   CALL Option Strike Price 880.Good build up was also seen at   JAIN IRRIGATION   September CALL Option Strike Price 60. Strategy   for Futures Option players.                         ...

liquidity in the global markets will depend on Fed's bond-buying program BSE Sensex (19270.06)    and Nifty ( 5680.40) closed   up   by   3.5 % and   3.8 % respectively last week.Nifty Future September was quoting   at   14.60   points premium.Nifty Call option September   5800 was very active.Support for Sensex is at   18900.Resistance for Sensex is at 19650. Support for Nifty is at 5560 and resistance at 5800. ICICI BANK   and   RCOM added Open Interest in SEPTEMBER   series.Huge position was build up at   CIPLA   CALL Option Strike Price 460.Good build up was also seen at   ONGC   September CALL Option Strike Price 320. Strategy   for Futures Option players.                                    ...