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Pre Market Report, November 5, 2014

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November 05, 2014
3 comments
November 5, 2014
Time: 8 am

 Pre Market Report:


  1. I am in Singapore for a two week trip.
  2. I will be back to India only on 16th November.
  3. So until then my reports may not be regular.
  4. On Monday, markets moved in line with expectation.
  5. FIIs have bought heavily but DIIs have sold heavily.
  6. So markets closed almost flat.
  7. Nifty future did not cross 8400 on Monday.
  8. Today again the trading may be similar to Monday.
  9. Tomorrow is a holiday, so traders will not create aggressive positions.
  10. Markets will break on the higher side either on Friday afternoon or next week.
  11. There are no key companies results today.
  12. SGX Nifty is trading about 30 points higher at 8393.
  13. Most Asian markets are also flat.
  14. Nifty is expected to trade in a narrow range of 8360-8420.



Written By

Options Trader and Trainer

Comments

  1. Pooja Pariya5 November 2014 at 17:55

    Shares of metal companies are trading lower up to 4% on the NSE after a private survey showed that China's services index slipped to a 3-month slow signalling signs of a sluggish economy.
    Nifty Futures Tips

    ReplyDelete
  2. Pooja Pariya7 November 2014 at 17:05

    Nilkamal has plunged 11% to Rs 336 after reporting a sharp 45% year-on-year (yoy) decline in net profit at Rs 6.84 crore for the second quarter ended September 2014 (Q2), due to higher expenditure. The plastic products maker had profit of Rs 12.55 crore in a year ago quarter.
    Nifty Tips

    ReplyDelete
  3. CapitalStars078 November 2014 at 13:34

    Commodity market is also getting impacted due to increase in oil supply and decrease in demand. It is predicted that the demand for crude oil globally from OPEC, which provides 40 per cent of the global oil supply, may witness a decline to 28.2 million barrels a day in 2017, hitting 14-year low.
    commodity Tips

    ReplyDelete

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