Post Market Report, September 19, 2013 | Stocks and Commodities

P R Sundar, Aditya Trading Solutions

September 19, 2013
Time: 3.30 pm

Post Market Report:

1. Huge fall from around 6000 to 5100 and followed by huge rise from 5100 to almost 6200.
2. The best case scenario of Fed has happened.
3. The market is also expecting some out of box thinking from RBI chairman.
4. We have mentioned yesterday that based on option prices the market was bullish.
5. Market will have one more leg of upside before any correction sets in.
6. Even the correction will be shallow one, may be 5900 level.

Follow Up:

1. All the recommendations given are working very well.
2. Those who have sold 5900 Put in Nifty and 9500 Put in Bank Nifty would have made good profit.
3. Yesterday we suggested 5600 Put in Nifty, which crashed from Rs 25 to Rs 5.