Mid Market Report, May 5, 2014 | Stocks and Commodities

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May 5, 2014
Time: 1.15 pm

Mid Market Report:

1. Markets are choppy.
2. After 5 days of fall, markets are trading positive.
3. Europe markets are slightly lower.
4. Japan, Korea, UK markets are closed.
5. So volume is thin in other markets.
6. VIX traded above 35 in the morning trade.
7. Premiums are rising both sides.
8. Beaten down stocks like metals are rising.
9. If Nifty future closes above 6780, then positive momentum will continue in the days to come.
10. If that closes below Friday's close, then it will bearish.