Post Market Report, November 21, 2013 | Stocks and Commodities

P R Sundar, Aditya Trading Solutions

November 21, 2013
Time: 6.30 pm

Post Market Report:

1. The Fear of Fed tapering brought Nifty from 6100 to 5100 in May, June, July and August.
2. Now the same fear is playing out.
3. Rupee has depreciated.
4. Both FIIs and DIIs have sold in the markets today.
5. Even in this kind of markets DIIs are selling for 650 crores.
6. As we have reported in the Mid Market Report, it is time to be careful.
7. Keep strict stop losses for Put options.
8. Call options, just leave it.
9. This is the kind of fall without any FII selling.
10. Today FIIs have sold just 59 crores.
11. If they start selling, the real fall will come.
12. In 2010 also, during Deepavali Muhurat trading markets hit high and then started falling and it fell more than 1500 points through 2011.
13. This time also exactly during Muhurat trading markets hit high and then started falling.
14. VIX is trading above 21.
15. Rupee breaching 63, Nifty future breaching 6000, bad global cues can bring markets down further.
16. So do not keep any long positions without hedging.