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April 15, 2014Time: 9 am
Pre Market Report:
- US markets rose yesterday after big fall in the previous sessions.
- Asian markets also are mostly up.
- SGX Nifty is trading around 6805.
- Mcdowell open offer will lift its price by about 10% today.
- Infy results are not yet out.
- That will decide the market trend today.
- Also inflation data in the midway of trading will decide Banking stocks trend.
- Infy was up by 4% yesterday night in US.
- Nifty range is difficult to predict without knowing Infy results.
- So we are not giving any levels for Nifty future today.
Comments
Cover DLF sold 190 CE @ 4 now below 2, for a span margin of 40000 Rs, returns approx 10% in 2 days ... Power of option selling ...
ReplyDeleteVery Good!
DeleteWhat an opportunity to buy Mcdowell-N at 2530, somehow I missed to track it .. Again Diageo PLC open offer at 3000. Stock flying :(
ReplyDeleteElection demand seen, sensed by diageo :P
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