Pre Market Report, February 21, 0214 | Stocks and Commodities

Sponsored by

February 21, 0214
Time: 8.30 am

Pre Market Report:

1. US markets closed firmly positive.
2. Most Asian markets are up, China is down.
3. SGX Nifty is almost flat.
4. There are no important news today.
5. So markets are expected to trade sideways.
6. Even when markets are volatile, Rupee is firmly trading.
7. Rupee has been trading in the range of 61.50 - 63 for the past many weeks.
8. Nifty should find support at 6080.
9. Nifty may find resistance at 6060.
10. As we always mention, Friday afternoon trade will be difficult.