Pre Market Report, May 13, 2014 | Stocks and Commodities

Sponsored by

May 13, 2014
Time: 8.40 am

Pre Market Report:

1. Exit poll results are in line with expectation.
2. It is better than the opinion poll results.
3. Global cues are also good.
4. Yesterday DOW closed once again at record high.
5. So the uptrend is likely to continue.
6. But if you are buying, buy on intrday day dips.
7. Keep stop loses as markets may correct anytime.
8. We are expecting some correction before Friday.
9. Those who had this exit poll information last week are sitting with huge profits, more than 1000 points in Bank Nifty.
10. Actual result may differ from exit poll results, so they will book at least partial profits.
11. SGX Nifty is trading at 7130.
12. So one more day of fireworks.
13. Watch for Adani group stocks.