P R Sundar, Aditya Trading Solutions |
Time: 9.30 pm
Post Market Report:
- Another day of surprise in our markets.
- Today's volatility was due to the huge selling by DIIs who have sold for more than 1000 Crores.
- But FIIs have bought equally.
- We have warned of this volatility in the pre market report and suggested to play in options instead of futures.
- US markets are also trading with volatility as there is no solution yet in Debt ceiling issue.
- TCS has declared very good results after the market close.
- FII buying momentum is very strong, any good news from US can take the markets to all time high.
- So keep selling Put options as the markets move higher.
- Thursday market will also be affected by HCL Technology and Axis Bank resuts.
- Most importantly news from US will affect the market on Thursday.
- Next time index crosses 6200, it will hit all time high as the selling has already been absorbed.
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