Pre Market Report, May 20, 2014 | Stocks and Commodities

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May 20, 2014
Time: 8.30 am

Pre Market Report:

1. US markets closed positive after starting negative.
2. Most Asian markets are positive.
3. SGX Nifty is trading slightly above 7300.
4. Capital Goods, Banks, Realty, Auto, Power and Infrastructure sectors will continue to do well.
5. IT, Pharma and FMCG sectors likely to under perform.
6. FIIs continue to buy and DIIs continue to sell.
7. Adani Ent. did not move much despite 6 fold increase in profits.
8. Any time that stock will move higher.
9. Investors can create short strangle in this counter as premiums are high.
10. One can consider selling 460 Put and 630 Call, both are trading around Rs 4.