Post Market Report, January 20, 2015 | Stocks and Commodities

January 20, 2015
Time: 9.15 pm

Post Market Report:

1. Nobody thought that our markets will cross all time high in today's trade ahead of ECB decision.
2. China's data may be one of the reasons.
3. It is difficult time for short sellers.
4. Yesterday I mentioned in the 'Post Market Report' (point number 9) that people expect a big move on either side.
5. I thought ECB or Greece will trigger that move.
6. But that expected big move has happened today on the higher side.
7. Now that the direction is clear, VIX has come down significantly but shot up after 2.30 pm as markets moved violently on the upside.
8. PCR ratio is at the highest level in the last one year.
9. Put sellers are the happier lot today.
10. As expected FIIs have bought for more than Rs 1000 crores, they have bought for Rs 1276 crores.
11. DIIs have sold for Rs 762 crores.
12. Now the market has broken out, Nifty may be headed towards 9000 before budget.