Pre Market Report, December 26, 2013 | Stocks and Commodities

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December 26, 2013
Time: 8.40

Pre Market Report:

1. US markets rose on Wednesday.
2. Japanese markets closed at all time high above 16000. It is trading positive now.
3. Most sian markets which are open today are trading positive.
4. SGX Nifty is trading flat at around 6280.
5. FII action is missing.
6. That can bring volatility in the markets.
7. Nifty is expected to trade plus or minus 20 points until afternoon.
8. Then after 2 pm, Nifty can swing either side by about 40 points.
9. All European markets are closed today.
10. US markets also closed today.
11. So there will be no global cues in the late trade.
12. Since the highest open interest in Calls is at 6300, there will be huge resistance at around 6320.