Pre Market Report, February 1, 2015 | Stocks and Commodities

February 1, 2015.
Time: 8.40 am

Pre Market Report:

1. Asian markets are marginally up.
2. Japan GDP came lower than expected
3. SGX Nifty is trading slightly higher at 8855.
4. Markets are likely to trade with positive bias due to better global cues and FII buying on Friday.
5. Afternoon markets will make better moves based on WPI data which will be released around noon and Europe markets will also influence our markets in the afternoon.
6. Lot of stocks will react to the results declared during the week end.
7. Intraday volatility will be low as there are no results or any other event risk.
8. VIX is expected to fall irrespective of market movement.
9. Put sellers in the last few days would make very good money. ( I sold Nifty Puts from 8800 to 8200.)
10. If the market momentum sustains, Bank Nifty may out perform Nifty in the next two weeks.
11. Next big trigger is only Budget, until then markets may trade with less volatility.
12. Today Nifty is expected to trade between 8820 and 8920.