Pre Market Report, December 30, 2013 | Stocks and Commodities

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December 30, 2013
Time: 8.50

Pre Market Report:

1. SGX Nifty is trading flat.
2. Most Asian stocks are also flat with positive bias.
3. Markets are expected to be in sideways mode between 6320 and 6420 for next few days.
4. Volatility will also be very low for next few days.
5. On Friday US markets closed flat.
6. Markets will be boring for at least next two days.
7. Nothing to write any thing special in our blog.
8. Today's resistance will be at 6420.
9. Today's support will be at 6360.
10. Gold, Crude oil are also trading almost flat.

 Recommendation:

1. Short term traders can sell Nifty 6000 Put option if it trades above Rs 18.