BULLET ADVICE FOR INDIAN STOCKS

The Federal Open Market Committee (FOMC) holds a two-day policy meeting on 29-30 October 2013. BSE Sensex (20683.52)    and Nifty ( 6144.90) closed   up   by   1.7 % and   1.5 % respectively last week.Nifty Future October was quoting   at   3.90   points discount.Nifty Call option October   6200 was very active.Support for Sensex is at   20300.Resistance for Sensex is at 21000. Support for Nifty is at 6035 and resistance at 6230. POWERGRID   and   TITAN   added Open Interest in OCTOBER   series.Huge position was build up at   ITC   October PUT Option Strike Price 335.Good build up was also seen at   HIND LEVER   October PUT Option Strike Price 540. Strategy   for Futures Option players.                           ...

Reserve Bank of India's monetary policy review on 29 October 2013. BSE Sensex (20882.89)    and Nifty ( 6189.35) closed   up   by   1.7 % and   1.5 % respectively last week.Nifty Future October was quoting   at   15.90   points premium.Nifty Call option October   6200 was very active.Support for Sensex is at   20550.Resistance for Sensex is at 21300. Support for Nifty is at 6080 and resistance at 6300. ICICI BANK   and   TATA STEEL   added Open Interest in OCTOBER   series.Huge position was build up at   TATA STEEL   October CALL Option Strike Price 335.Good build up was also seen at   SSLT   October CALL Option Strike Price 215. Strategy   for Futures Option players.                                ...

Investors will look forward   to trade and inflation data of China BSE Sensex (20528.59)    and Nifty ( 6096.20) closed   up   by   3.1 % and   3.2 % respectively last week.Nifty Future October was quoting   at   27.50   points premium.Nifty Call option October   6200 was very active.Support for Sensex is at   19950.Resistance for Sensex is at 20850. Support for Nifty is at 5900 and resistance at 6200. UNITECH   and   IBREALEST   added Open Interest in OCTOBER   series.Huge position was build up at   TCS   October CALL Option Strike Price 2250.Good build up was also seen at   WIPRO   October CALL Option Strike Price 490. Strategy   for Futures Option players.                                 ...