Post Market Report, November 1, 2013 | Stocks and Commodities

P R Sundar, Aditya Trading Solutions

November 1, 2013
Time: 7 pm

Post Market Report:

1. Markets are consolidating as expected.
2. FIIs bought today also.
3. But they have bought for less than 200 crores.
4. But DII selling continues.
5. Markets will be in consolidation mode for few more days.
6. Next big move will come only after a correction.
7. Nifty should correct at least 100 to 200 points before the next big move.
8. Also there are no event risks in November and hence big moves will not be there.
9. US markets are trading positive.
10. Despite good show in stock markets, crude prices are staying low and that is good for India.