Post Market Report, February 14, 2014 | Stocks and Commodities

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February 14, 2014
Time: 8.30 pm

Post Market Report:

1. We reported in the Mid Market Report that Nifty will either break down and fall significantly or Nifty will rise significantly by short covering.
2. When we wrote the report Nifty future was trading around 6000.
3. It shot up to 6060 levels by short covering towards the end.
4. Europe markets opened slightly negative and recovered later to trade positive.
5. Today FIIs have sold for 15 crores and DIIs have sold for 45 crores.
6. SBI results was not good.
7. Our Mid Market Recommendation in SBI worked very well.
8. Now US markets are trading almost flat.
9. VIX has fallen by more than 6% today and that is good news for option sellers.