Post Market Report, November 25, 2013 | Stocks and Commodities

P R Sundar, Aditya Trading Solutions

November 25, 2013
Time: 11.15 pm

Post Market Report:

1. Markets closed better tahn expected.
2. We reported in the 'Mid Market Report' that Nifty future is likely to settle down between 6080 and 6120.
3. But it closed at 6131, slightly above our expectation.
4. As usual, FIIs bought and equally DIIS have sold.
5. This Iran-US deal related to Nuclear Energy i a long term good news for India.
6. That is why short sellers have scrambled to square up their position.
7. Now the lower band for Nifty will be 5980-6020 and upper band will be 6180-6220.
8. Our November calls all have given good results.
9. Tomorrow markets are likely to consolidate with volatility due to expiry related issues.
10. Tomorrow Nifty future will trade between 6080 and 6160.