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BSE Sensex (17578.23) and Nifty (5262.80) closed up by 2.41% and 2.4% respectively last week.Nifty Future March was quoting at 11.90 points premium.Nifty Call Option
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 21, 2010 --
Indian Stock Market Future Option Stocks
market will volatile ahead of F & O expiry
BSE Sensex (17578.23) and Nifty (5262.80) closed up by 2.41% and 2.4% respectively last week.Nifty Future March was quoting at 11.90 points premium.Nifty Call Option March 5200 was very active.Support for Sensex is at 17225. Resistance for Sensex is at 17950 .Support for Nifty is at 5150 and resistance at 5380.
Revision of India’s outlook by S & P from negative to stable boosted the sentiment.Market will remain closed on 24th March 2010 because of Ram Navmi..
RIL and SBI added Open Interest in March series.Huge position was build up at RIL March Call Option Strike Price 1080.Good build up was also seen at Bharti Airtel March Call Option Strike Price 310.
Strategy for Futures Option players.
1)Bharti Airtel(311.90) Lot Size-500 Shares
Buy One Call Option of March Strike Price 310@ 5.45 Rs
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