National Stock Exchange’s Nifty closed at 5179.25, up 22.60 points or 0.44 per cent. The broader 50-share index index touched intra-day high of 5212.70 and low of 5147.95. In current futures scenario Stock market go up no changes to go down but with some stress.

Bombay Stock Exchange’s Sensex ended at 17270.66, up 74.85 points or 0.44 per cent. The 30-share index touched a high of 17389.15 and low of 17240.35 in today’s trade.

Strike price in Stock Option 4900 indicating it as a very strong support on the downside whereas on

the call options front I have seen maximum addition of open interest at strike price of 5200-5300 this indicating it
as a Resistance zone on the upside.
So Stock Futures and Option both will give you profit but with very carefully way Specially in Stock Option.

In top gainers(Nifty) Tata Motors (3.51%), DLF(3.10%), Reliance Infrastructure (3.01%) and Unitech (2.58%) were. And loser were Tata Steel (-1.60%), Wipro (-1.12%), Bharti Airtel (-1.09%), Reliance Industries (-1.03%) and Hindalco (-0.82%).

Last week the Nifty Index plunged on the Greece concerns and ended lower at 5018.05 Mark losing -4.92%.This is an indication of some longs building at lower levels. For the coming week Nifty will continue to face Resistance at its 5080 Mark, a maintenance above this mark can continue some pull back in it and in that case it can the next crucial Resistance would be 5165/5200 levels which would be tough to be sustained whereas on the downside Strong Support is seen in the vicinity of 4892/4846 levels. In Stock Futures Nifty would be Slow down, and Stock Option also follow it.

Investors with short-term perspective can consider buying the stock of Escorts. From its late 2008 low of around Rs 31, the stock has been on a long-term uptrend forming higher peaks and higher troughs. The Supreme Court ruled in favor of billionaire businessman Mukesh Ambani in a long-running dispute with his brother Anil over the country's largest gas find, effectively giving the government control to set gas prices.

Market cap of Reliance Power fell to Rs 33,579 crore (Rs 335.79 billion) at the end of trade on Friday from Rs 36,886.75 crore (Rs 368.867 billion) on Thursday. This news Definitely effect on Reliance stocks, In Future Mukesh can grab some profit, while Anil face some down stream.

Present market scenario

The BSE Sensex (BSE- 17087.96 -49.18) fell below 17,000 points for the first time in two months early on Wednesday, shedding more than 1 per cent as world stocks dropped on concerns Greece's debt crisis could spread elsewhere. And Nifty Closed at 5124.90 (-23.60) on Wednesday.

However, in last half hour of trade, it made some smart recovery and ended with modest losses. Sensex shut shop at 17087, down 49 points and Nifty at 5124, down 23 points from the previous close.

Good NEWS in Stock Option

Stock market regulator Securities & Exchange Board of India (Sebi) has widened the scope of index-based options by allowing exchanges to offer option contracts based on Sensex and Nifty with a tenure of up to five years. In January, 2008, Sebi had extended the period to three years.

Everest Kanto Cylinder Ltd. Was the topmost Stock today, It made Highest range in Stock Exchange. Is was open at 120 and Closed at 131.90 with +9.24 fluctuation. Apart from Everest Tulip ltd, Reliance Natyral Gas, UCO bank Was also Today Market makers.

In losers Top 3 Stocks was Central Bank, Sesa Goa, ABB ltd.

The market opened weak and stayed that way till the end, tracking global cues.
The Sensex ended at 17,388.92 with a loss of 169.80 points or 0.97%.
The Nifty closed at 5225.55, with cut down 52.45 points or 0.99%.

Today Market was open against the all positive Hope, and after middle time Its trend was more negative because Of Foreign investor.

FREE Stock Tips-
Buy Indiacem in NSE Cash above 220 SL 218 TGT 225/228
Buy Gitanjali Gems in NSE Cash above 220 SL 217 TGT 225/230
Short PVR in NSE Cash below 198 SL 201 TGT 194/190

Get All Stock Futures and Option tips Like these tips.