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Mid Market Report, February 24, 2014

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February 24, 2014
Time: 1 pm

Mid Market Report:

  1. Markets are trading as expected.
  2. We said in the morning that markets will be range bound with positive bias.
  3. Bank Nifty fell in the morning, but recovered later to trade in positive territory.
  4. Tata Motors has crossed 400 as expected.
  5. Auro Pharma open interest is down.
  6. Tomorrow it will be released for trading in F&O.
  7. Europe is likely to open lower.
  8. US futures are flat.
  9. Nifty future is finding resistance at 6180 as expected.
  10. Once it is crossed, it will trade in the band 6180 and 6220.


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