BULLET ADVICE FOR INDIAN STOCKS

  BSE Sensex (16839.19)  and Nifty(5099.85) closed   down by 1.9% and 2% respectively last week..Nifty Future August was quoting   at 32.15   points premium.Nifty call option August   5200 was very active.Support for Sensex is at   16610. Resistance for Sensex is at 17050. Support for Nifty is at 4940 and resistance is at 5235. GAIL,Cipla and BOB will declare Q1 results next week.                                      SBI and   ICICI Bank added Open Interest in August   series.Huge position was build up at   SBI August   Call Option Strike Price 2100.Good build up was also seen at   ICICI Bank August Call Option Strike Price 940. Strategy   for Futures Option players.           ...

BSE Sensex (17158.44)   closed  down by 0.3% last week.Nifty closed at 5205.10.Nifty Future July was quoting   at 15.35  points premium.Nifty call option July  5300 was very active.Support for Sensex is at  17000. Resistance for Sensex is at 17300. . Hindustan Unilever,L & T,Cairn,Powergrid,ITC,BHEL,ACC,ICICI Bank,NTPC,PNB and Mauti will declare Q1 results next week. SBI and   RIL added Open Interest in July   series.Huge position was build up at  SBI July  Call Option Strike Price 2200.Good build up was also seen at  RIL July Call Option Strike Price 740. Strategy  for Futures Option players.                                                      ...

  BSE Sensex (17213.70) and Nifty (5227.25)   closed down   1.8%   and   1.7%    respectively   last week.Nifty Future July was quoting   at 13.60   points premium.Nifty call option July 5300 was very active.Support for Sensex is at   16890. Resistance for Sensex is at 17500 .Support for Nifty is at 5130 and resistance at 5310.   TCS and   SBI added Open Interest in July   series.Huge position was build up at   TCS   Call Option Strike 1300.Good build up was also seen at   SBI July Call Option Strike Price 2250. Strategy   for Futures Option players.                                                         ...