Post Market Report, September 24, 2013 | Stocks and Commodities

P R Sundar, Aditya Trading Solutions

September 24, 2013
Time: 8.30 am.

Post Market Report:

1. After 2 days of fall, today markets have stabilized.
2. But volatility did not come down much.
3. FII selling is not much as expected.
4. So today's low will be the low until expiry, if there are no big negative news globally or locally.
5. US markets are doing well as of now.
6. If that continues until the end of the day there, then Nifty will open up and can move towards 6000 as there will be short covering in Banking stocks.
7. October future Nifty is trading almost 50 points higher than September Nifty futures. This shows the bullishness.
8. For tomorrow, Nifty range will be 5880 to 5980.