P R Sundar, Aditya Trading Solutions |
November 12, 2013
Time: 9 pm
Post Market Report:
- Our markets fell continuously for 6th straight day.
- It seems that tomorrow also it will fall.
- IIP data and inflation data that came after market hours have not been good.
- If tomorrow SBI results are bad, then markets will fall drastically towards 5900.
- Fiis continue to buy and DIIs continue to sell.
- Until yesterday option sellers expected the markets to bottom out here and bounce back.
- But today that hope has gone and put premiums shot up.
- So next support for Nifty is at 5900.
- US markets are trading flat.
- European markets are trading lower.
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