Pre Market Report, November 19, 2014 | Stocks and Commodities

November 19, 2014
Time: 8.40 am

Pre Market Report:

1. US markets closed at record high once again.
2. Most Asian markets are up.
3. SGX Nifty is trading about 10 to 15 points higher.
4. Selling by both FIIS and DIIs will make upside limited in today's trading.
5. Due to better global cues, down side will also be limited.
6. So the trade may be something like yesterday, 25, 30 points up and down.
7. Nifty future may trade within the range 8420 to 8480.
8. Since the earnings season has come to an end, volatility likely to go down further.
9. So option premiums are also likely to go down further.
10. I suggested selling 8200 Put option when Nifty future comes to 8380, those who have done are sitting with very good profit.