BULLET ADVICE FOR INDIAN STOCKS

The winter session of parliament begins on 5 December 2013 BSE Sensex (20791.93)   and NSE Nifty(6176.10) closed   up   by 2.8% and 3% respectively   last week..Nifty Future December was quoting   at   51.90   points premium.Nifty call option December   6300 was very active.Support for Sensex is at   20480 and Nifty at 6075. Resistance for Sensex is at 21150.and Nifty at 6280. ACC and   PETRONET added Open Interest in December   series.Huge position was build up at   GAIL December   Call Option Strike Price 370.Good build up was also seen at   ICICI BANK   December Call Option Strike Price 1180. Strategy   for Futures Option players.                                           ...

FOMC policy meet on 17-18 December 2013 BSE Sensex (20217.39)    and Nifty ( 5995.45) closed   down   by   0.9 % and   1 % respectively last week.Nifty Future November was quoting   at   36.05   points premium.Nifty Call option November   6100 was very active.Support for Sensex is at   19950.Resistance for Sensex is at 20420. Support for Nifty is at 5920 and resistance at 6060. WIPRO   and   IDEA   added Open Interest in NOVEMBER   series.Huge position was build up at   CAIRN   November CALL Option Strike Price 330.Good build up was also seen at   MC DOWELL-N   November CALL Option Strike Price 2450. Strategy   for Futures Option players.                                       ...

Standard & Poor's cut France's credit rating by one notch to AA from AA+ BSE Sensex (20666.15)    and Nifty ( 6140.75) closed   down   by   2.5 % and   2.6 % respectively last week.Nifty Future November was quoting   at   41.95   points premium.Nifty Call option November   6300 was very active.Support for Sensex is at   20200.Resistance for Sensex is at 21000. Support for Nifty is at 6000 and resistance at 6270. TATA MOTORS   and   IBREALEST   added Open Interest in NOVEMBER   series.Huge position was build up at   TATA MOTOR   November CALL Option Strike Price 400.Good build up was also seen at   UCO BANK   November CALL Option Strike Price 80. Strategy   for Futures Option players.                            ...