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Post Market Report, October 15, 2013

P R Sundar, Aditya Trading Solutions
October 15, 2013
Time: 9.30 pm

Post Market Report:

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


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