Mid Market Report, October 15, 2013 | Stocks and Commodities

P R Sundar, Aditya Trading Solutions

October 15, 2013
Time: 2.30 pm

Mid Market Report:

1. Once again huge volatility.
2. But this is only a profit booking by DIIs.
3. Markets will continue to be firm going forward as US Debt. issue is likely to be resolved.
4. European markets are firm.
5. Tomorrow is a holiday and if US Debt. issue is resolved by tomorrow, then on Thursday our markets will do well.
6. Despite such a big profit booking and such a fall of more than 120 points from high, yet markets have recovered and trading close to yesterday's closing level.
7. At the peak as well as at the bottom suddenly markets will move by two to three percent.
8. That is why we always suggest to play with options.
9. Those who have sold Reliance options are enjoying the profit.