Post Market Report, December 18, 2013 | Stocks and Commodities

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December 18, 2013
Time: 5.30 pm

Post Market Report:

1. We reported in the afternoon that Nifty future will take support at 6220 and will face resistance at 6260. We also said that Nifty future will close between 6220 and 6260.
2. Nifty future closed at 6259.50.
3. One big event, RBI policy is over.
4. But tonight Fed event is more important.
5. Today VIX has fallen by 4.5%.
6. Tomorrow if everything goes well, VIX will fall further.
7. Europe is trading firmly positive.
8. US futures also trading positive.
9. But all these are immaterial considering the Fed news at 12.30 tonight.
10. FIIs have bought for 1198 crores in cash market today.
11. DIIs as usual have sold 413 crores.
12. Hope tomorrow also goes the same way as today.