Pre Market Report, January 14, 2014 | Stocks and Commodities

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January 14, 2014
Time: 8.45 am

Pre Market Report:

1. Roller coaster ride started.
2. Friday morning markets were up, afternoon down.
3. Monday up, today they will be down.
4. This will be the nature of markets particularly during results season.
5. US markets fell the most in the recent times.
6. Most Asian markets are down.
7. SGX Nifty is down by about 35 points.
8. Results will start pouring in from US from today.
9. Here, Yes Bank and DCB Bank will declare results tomorrow.
10. Nifty is expected to trade between 6200 and 6400 with high volatility in this month.

Recommendation:

1. Sell 5900 Put and 6600 Call option.