BULLET ADVICE FOR INDIAN STOCKS

FOMC next meet scheduled on 17-18 June 2014 BSE Sensex (24217.34)   and NSE Nifty(7229.95) closed   down   by 2.1% and 1.9% respectively   last week.Nifty Future June was quoting   at   0.05 points premium.Nifty put option June   7200 was very active.Support for Sensex is at   23500 and Nifty at 7030. Resistance for Sensex is at 24850 and Nifty at 7400. HIND UNI LEVER    and   TATA POWER   added Open Interest in June   series.Huge position was build up at ADANI POWER   June   Call Option Strike Price 60.Good build up was also seen at   UNITECH June Call   Option Strike Price 30. Strategy   for Futures Option players.                                            ...

BSE Sensex (24693.35)   and NSE Nifty(7367.10) closed   up   by 2.4% and 2.3% respectively   last week.Nifty Future May was quoting   at   23.75 points premium.Nifty call option May   7400 was very active.Support for Sensex is at   24300 and Nifty at 7250. Resistance for Sensex is at 25150 and Nifty at 7500. IDFC    and   UNITECH   added Open Interest in May   series.Huge position was build up at NHPC   May   Call Option Strike Price 32.50.Good build up was also seen at   UNITECH May Call   Option Strike Price 30. Strategy   for Futures Option players.                                                ...

We take this opportunity to congratulate    Mr. Narendra Modi   for   his marvelous victory and completing the mission of 272+ seats.Great!!!   @narendramodi   We are proud of you Sir!!! The first budget of the new government is likely to be tabled in Parliament by July 2014. BSE Sensex (24121.74)   and NSE Nifty(7203) closed   up   by 4.9% and 5% respectively   last week.Nifty Future May was quoting   at   41 points premium.Nifty call option May   7500 was very active.Support for Sensex is at   22960 and Nifty at 6850. Resistance for Sensex is at 25320 and Nifty at 7550. NTPC    and   HDFC BANK   added Open Interest in May   series.Huge position was build up at SSLT   May   Call Option Strike Price 240.Good build up was also seen at   DLF May Call   Option Strike Price 175. Strategy   for Futures Option players.    ...

final phase of Lok Sabha elections concludes on Monday, 12 May 2014 BSE Sensex (22994.23)   and NSE Nifty(6858.80) closed   up   by 2.6% and 2.4% respectively   last week.Nifty Future May was quoting   at   35.90 points premium.Nifty call option May   7500 was very active.Support for Sensex is at   22500 and Nifty at 6700. Resistance for Sensex is at 23530 and Nifty at 7020. UNITECH    and   IBREALEST   added Open Interest in May   series.Huge position was build up at ONGC   April   Call Option Strike Price 340.Good build up was also seen at   IDFC May Call   Option Strike Price 120. Strategy   for Futures Option players.                                            ...

Below normal levels of monsoon rain expected this year according to the India Meteorological Department (IMD) BSE Sensex (22403.89)   and NSE Nifty(6694.80) closed   down   by 1.3% and 1.31% respectively   last week.Nifty Future May was quoting   at   29.30 points premium.Nifty put option May   6400 was very active.Support for Sensex is at   22100 and Nifty at 6600. Resistance for Sensex is at 22650 and Nifty at 6770. HDIL    and   DLF   added Open Interest in May   series.Huge position was build up at HDIL   April   Call Option Strike Price 70.Good build up was also seen at   DLF May Call   Option Strike Price 150. Strategy   for Futures Option players.                                      ...