Pre Market Report, August 14, 2015 | Stocks and Commodities

August 14, 2015
Time: 8.30 am

Pre Market Report:

1. Yesterday I could not write 'Pre Market Report' 
2. 2. Day before yesterday, FII selling was much higher than DII buying.
3. So the markets were highly volatile yesterday.
4. Nifty swung nearly 100 points 5 times.
5. Yesterday the FII selling figure was matched by DII buy figure.
6. SO the markets may not be that volatile today.
7. China is also taking steps to calm the markets.
8. SGX Nifty is also trading about 20 points higher by taking all these positives into account.
9. But there may be some sharp move towards the end of the day as traders may squaare off their trades ahead of week end holidays.
10. Govt. is keeping the option open for GST bill.
11. There are some reports saying NDA has the numbers in Rajya sabha if only COngress and Left opposes the bill and there may be a special session towards the end of this month.
12. Lower inflation leading to expectation of rate cut and GST bill may keep our markets alive even in the next series.
13. Crude oil is trading at 6.5 year low is also a good news.
14. Markets are expected to trade in yesterday's range of about 8355 and 8445.
15. Markets may move sharply, if any of these levels breached, inviting fresh short covering or fresh shorts.