BULLET ADVICE FOR INDIAN STOCKS

Expectations from upcoming final Union Budget which is expected on 10 July 2014 will continue to drive trend on the bourses BSE Sensex (25099.92)   and NSE Nifty(7508.80) closed   down   by 0.001% and 0.001% respectively   last week.Nifty Future July was quoting   at   36.45 points premium.Nifty   call option July   7700 was very active.Support for Sensex is at   24600 and Nifty at 75380. Resistance for Sensex is at 25400 and Nifty at 7590. CIPLA    and   SUN PHARMA   added Open Interest in July   series.Huge position was build up at UNITECH July   Call Option Strike Price 35.Good build up was also seen at   GMR INFRA July   Option Strike Price 35. Strategy   for Futures Option players. (1) WIPRO (545.70)    Future-Lot Size 500 shares. Buy One   Lot   JULY   Future   @545.70 Rs Sell One Call Option of   JULY   Strike Price 550@ Rs...

Fears of droughts in the Asia Pacific region loom   including India . BSE Sensex (25105.51)   and NSE Nifty(7511.45) closed   down   by 0.5% and 0.4% respectively   last week.Nifty Future June was quoting   at   19.40 points premium.Nifty   call option June   7600 was very active.Support for Sensex is at   24900 and Nifty at 7445. Resistance for Sensex is at 25260 and Nifty at 7550. IFCI     and   RCOM   added Open Interest in June   series.Huge position was build up at IFCI July   Call Option Strike Price 40.Good build up was also seen at   CIPLA July   Option Strike Price 480. Strategy   for Futures Option players. (1)TCS (2302.95)    Future-Lot Size 125 shares. Buy One   Lot   JULY   Future   @2302.95 Rs Sell One Call Option of   JULY   Strike Price 2350@ Rs.65 Premium Received=65*125= 8125.00 Rs Maximum Profit=2350...

Increase in crude oil prices raised concerns of increase in India's current account deficit and fiscal deficit which in turn invited profit booking in the stock market BSE Sensex (25228.17)   and NSE Nifty(7542.10) closed   down   by 0.7% and 0.5% respectively   last week.Nifty Future June was quoting   at   18.40 points premium.Nifty   call option June   7700 was very active.Support for Sensex is at   24850 and Nifty at 7430. Resistance for Sensex is at 25550 and Nifty at 7630. India Cement    and   Petronet   added Open Interest in June   series.Huge position was build up at UNITECH   June   Put Option Strike Price 32.50.Good build up was also seen at   JPASSOCIAT June Put   Option Strike Price 75. Strategy   for Futures Option players. (1)RANBAXY (466.20)    Future-Lot Size1000 shares. Buy One   Lot   JUNE   Future   @446.20 Rs Sell ...

Finance Minister Arun Jaitley is expected to table Union Budget for 2014-15 in Lok Sabha by mid-July 2014 BSE Sensex (25396.46)   and NSE Nifty(7583.40) closed   up   by 4.91% and 4.90% respectively   last week.Nifty Future June was quoting   at   15.60 points premium.Nifty   call option June   7600 was very active.Support for Sensex is at   24630 and Nifty at 7350. Resistance for Sensex is at 26150 and Nifty at 7820. IDEA    and   DLF   added Open Interest in June   series.Huge position was build up at TATA MOTORS   June   Call Option Strike Price 460.Good build up was also seen at   RCOM June Call   Option Strike Price 160. Strategy   for Futures Option players. (1)TATA CHEM (338.10)    Future-Lot Size1000 shares. Buy One   Lot   JUNE   Future   @338.10 Rs Sell One Call Option of   JUNE   Strike Price 350@ Rs.10.10 Prem...