Post Market Report, November 12, 2013 | Stocks and Commodities

P R Sundar, Aditya Trading Solutions

November 12, 2013

Time: 9 pm

Post Market Report:

1. Our markets fell continuously for 6th straight day.
2. It seems that tomorrow also it will fall.
3. IIP data and inflation data that came after market hours have not been good.
4. If tomorrow SBI results are bad, then markets will fall drastically towards 5900.
5. Fiis continue to buy and DIIs continue to sell.
6. Until yesterday option sellers expected the markets to bottom out here and bounce back.
7. But today that hope has gone and put premiums shot up.
8. So next support for Nifty is at 5900.
9. US markets are trading flat.
10. European markets are trading lower.