Post Market Report, February 19, 2014 | Stocks and Commodities

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February 19, 2014
Time: 6.30 pm

Post Market Report:

1. As expected, markets tried to move up towards 6180 towards the end.
2. Today's market close is very important.
3. 6150 has been the stiff resistance.
4. Today that resistance is broken and closed around 6160 (actual close).
5. Today FIIs have bought for 468 crores.
6. DIIs have sold for 339 crores.
7. If global cues and FII buying are supportive, then Nifty will cross 6200 in the next few sessions.
8. Election dates are expected to be announced next week.
9. If the momentum continues and any pre election rally starts,then Nifty will expire between 6280 and 6320 by next week.
10. Auro Pharma continue to be in the trading ban tomorrow also.
11. It is expected to come out of ban only next Monday.
12. Meanwhile, those who followed our strategy, making good money in Auro Pharma.
13. US futures are down.
14. Europe is down.
15. Markets are expected to consolidate for one or two more days before breaking out again.