Dalal Street Week Ahead | Stocks and Commodities

December 7, 2014
Time: 7 pm

Dalal Street Week Ahead:

1. Markets were in consolidation mode for the whole of last week.
2. Nifty future did not move more than 30 points on close to close basis for the last one week.
3. Next week is a data light week.
4. So the trend of consolidation may continue.
5. Positive global cues on one side and not impressive buy figure by institutions on the other side will keep the markets in sideways mode.
6. IIP data Inflation data will be out only after markets close on Friday so its reflection will be felt only next week.
7. There are no major news flow from other countries also.
8. Nifty future is expected to trade between 8400 and 8600 next week, a tight range of just 200 points.
9. So as usual 'short strangle' strategy would give better returns due to time decay.
10. There are only 13 more trading sessions left for this expiry.