BULLET ADVICE FOR INDIAN STOCKS

Policy meet of European Central Bank on 3 April 2014 BSE Sensex (22339.97)   and NSE Nifty(6695.90) closed   up   by 2.7% and 3.1% respectively   last week.Nifty Future April was quoting   at   32.75 points premium.Nifty call option April   6800 was very active.Support for Sensex is at   21900 and Nifty at 6570. Resistance for Sensex is at 22700 and Nifty at 6815. IFCI     and   UNITECH   added Open Interest in April   series.Huge position was build up at   IFCI   April   Call Option Strike Price 30.Good build up was also seen at   UNITECH   April Call Option Strike Price 15. Strategy   for Futures Option players.                                           ...

Lok   Sabha elections will be held between 7 April to 12 May 2014 BSE Sensex (21753.75)   and NSE Nifty(6493.20) closed   down   by 0.3% and 0.2% respectively   last week.Nifty Future March was quoting   at   15.80 points premium.Nifty call option March   6500 was very active.Support for Sensex is at   21620 and Nifty at 6450. Resistance for Sensex is at 21960 and Nifty at 6550. ASHOK LEYLAND     and   UNITECH   added Open Interest in April   series.Huge position was build up at   ASHOK LEYLAND   April   Call Option Strike Price 20.Good build up was also seen at   UNITECH   April Call Option Strike Price 12.50. Strategy   for Futures Option players.                                     ...

Corporate advance tax data will dictate the trend BSE Sensex (21809.80)   and NSE Nifty(6504.20) closed   down   by 0.5% and 0.2% respectively   last week.Nifty Future March was quoting   at   34.65 points premium.Nifty put option March   6500 was very active.Support for Sensex is at   21580 and Nifty at 6440. Resistance for Sensex is at 22030 and Nifty at 6565. JPASSOCIAT   and   IDFC   added Open Interest in March   series.Huge position was build up at   JPASSOCIAT   March   Call Option Strike Price 45.Good build up was also seen at   IDFC   March Call Option Strike Price 120. Strategy   for Futures Option players.                                            ...