Mid Market Report, October 14, 2013 | Stocks and Commodities

P R Sundar, Aditya Trading Solutions

October 14, 2013

Time: 1.15 pm

Mid Market Report:

1. Another day of surprise, our markets are holding firm despite US futures trading more than 100 points down and European markets are trading lower.
2. Bank Nifty is holding firm despite bad inflation data.
3. That means Bank Nifty is very firm and expecting good results from IndusInd Bank, HDFC Bank and Axis Bank.
4. Volatility is falling, that shows that our markets will be firm going forward.
5. But everything depends on how the US Debt ceiling issue goes through.
6. Predicting the market for next few days will be difficult as major companies come out with financial results.
7. That is the reason we always suggest selling Put and Call at the same time.