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Next Budget session of the Parliament begins on 22 April 2013

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BSE Sensex (18835.77)   and Nifty (5682.55) closed   up   by 0.5% and 0.6.% respectively last week.Nifty Future April was quoting   at   42.25   points premium.Nifty call option April   5700 was very active.Support for Sensex is at   18650. Resistance for Sensex is at 19000. Support for Nifty is at 5620 and resistance at 5720. TATA STEEL     and   HINDALCO added Open Interest in April   series.Huge position was build up at   TATASTEEL April   Call Option Strike Price 320.Good build up was also seen at   ONGC   April Call Option Strike Price 320. Strategy   for Futures Option players.                                                    ...

BULLET ADVISORY INDIAN STOCKS

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Standard & Poor’s lowering the credit rating of Cyprus invites profit booking

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BSE Sensex (18735.60)   and Nifty (5651.35) closed   down   by 3.6% and 3.8.% respectively last week.Nifty Future March was quoting   at   14.65   points premium.Nifty call option March   5700 was very active.Support for Sensex is at   18250. Resistance for Sensex is at 19200. Support for Nifty is at 5500 and resistance at 5800. HIND PETRO     and   IDBI added Open Interest in March   series.Huge position was build up at   SBI March   Call Option Strike Price 2150.Good build up was also seen at   DLF   March Call Option Strike Price 240. Strategy   for Futures Option players.                                                      ...