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indices close below 200 day moving average
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Bullet Advice For Indian Stocks Weekly – indices close below 200 day moving average BSE Sensex (18395.97) and Nifty (5512.15) closed down 3.21% and 3.2% respectively last week.Nifty Future February was quoting at 32.35 points premium.Nifty call option February 5700 was very active.Support for Sensex is at 1755 0. Resistance for Sensex is at 19080 .Support for Nifty is at 5250 and resistance at 5720.. BPCL,DLF,IDFC,NTPC,SUZLON and Andhra Bank will report the earnings next week.Higher inflation and interest rate pulled the market down SBI and RIL added Open Interest in February series.Huge position was build up at Unitech February Call Option Strike Price 55.Good build up was also seen at Tata Motors February Call Option Strike Price 1200. Strategy for Futures Option...