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February 24, 2014Time: 1 pm
Mid Market Report:
- Markets are trading as expected.
- We said in the morning that markets will be range bound with positive bias.
- Bank Nifty fell in the morning, but recovered later to trade in positive territory.
- Tata Motors has crossed 400 as expected.
- Auro Pharma open interest is down.
- Tomorrow it will be released for trading in F&O.
- Europe is likely to open lower.
- US futures are flat.
- Nifty future is finding resistance at 6180 as expected.
- Once it is crossed, it will trade in the band 6180 and 6220.
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