bought RIL
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higher oil prices invite profit booking at higher levels
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BSE Sensex (17923.57) and Nifty (5429.30) closed down 2.0% and 2.4% respectively last week.Nifty Future March was quoting at 55.90 points premium.Nifty call option March 5700 was very active.Support for Sensex is at 17640. Resistance for Sensex is at 18340 .Support for Nifty is at 5340 and resistance at 5560 IPO of MCX which opened for bidding on 22nd February 2012 with a price band of Rs.860-1032 received overwhelming response and subscribed over 55 times. Hindalco and Cairn added Open Interest in March series.Huge position was build up at SBI March Call Option Strike Price 2300.Good build up was also seen at Tata Steel March Call Option Strike Price 500.. Strategy for Futures Option players. 1)Balrampur Chini(51.05) lot size 4000 shares Buy One Call Option of March Strike Price 50@4.0 Rs Sell One Call Opti...