BULLET ADVICE FOR INDIAN STOCKS

Geo-political concerns in the Middle East hit global equity markets BSE Sensex (18619.72)    and Nifty ( 5471.80) closed   up   by   0.5 % and   0.01 % respectively last week.Nifty Future September was quoting   at   9.80   points discount.Nifty Call option September   5500 was very active.Support for Sensex is at   18270.Resistance for Sensex is at 19050. Support for Nifty is at 5370 and resistance at 5600. HIND ZINC   and   SUN PHARMA added Open Interest in SEPTEMBER   series.Huge position was build up at   CIPLA   CALL Option Strike Price 440.Good build up was also seen at   TCS   September CALL Option Strike Price 2080. Strategy   for Futures Option players.                                    ...

Fear of Fed winding down bond buying program sets panic in the market BSE Sensex (18598.18)    and Nifty ( 5507.85) closed   down   by   1.01 % and   1 % respectively last week.Nifty Future August was quoting   at   0.15   points premium.Nifty Put option August   5500 was very active.Support for Sensex is at   18300.Resistance for Sensex is at 18850. Support for Nifty is at 5420 and resistance at 5585. HEROMOTORCO   and   ITC   added Open Interest in AUGUST   series.Huge position was build up at   ULTRACEMCO AUGUST PUT Option Strike Price 1650.Good build up was also seen at   TITAN   August   PUT Option Strike Price 220. Strategy   for Futures Option players.                                 ...

Raghuram Rajan has been appointed as Officer on Special Duty in the Reserve Bank of India for a period of three weeks before his taking over as Governor, RBI on September 5, 2013.Tasks for   him will be to rein in India’s double-digit inflation without excessively crimping growth and in process stabilize rupee. BSE Sensex (18789.34)    and Nifty ( 5565.65) closed   down   by   2.01 % and   2 % respectively last week.Nifty Future August was quoting   at   24.05   points premium.Nifty Call option August   5700 was very active.Support for Sensex is at   18450.Resistance for Sensex is at 19200. Support for Nifty is at 5460 and resistance at 5690. CIPLA   and   BIOCON   added Open Interest in AUGUST   series.Huge position was build up at   RANBAXY AUGUST Call Option Strike Price 340.Good build up was also seen at   CIPLA Call August   Option Strike Price 430. DL...