After Market Report | Stocks and Commodities

P R Sundar, Aditya Trading Solutions

August 28, 2013
Time: 3.40 pm

After Market report:

1. Market has played out exactly as per prediction.
2. 5400Call has minor profit, however can be left open to expire.
3. 5000 Put has huge profit, which can also be left open.
4. Rupee recovered a bit by RBI intervention.
5. Short covering was so powerful that today's turnover 0f 4.4 lakh crore is the highest in Indian history of stock market.
6. If FII selling subsides, then today's low may be the bottom of our market in near future.
7. There was a news that Diesel price will be hiked after the parliament session. That is one of the reasons for short covering.