×

Mid Market Report, March 25, 2014

Sponsored by
March 25, 2014
Time: 12.45 pm

Mid Market Report:

  1. Markets are consolidating after a huge rise yesterday.
  2. As expected Oil & Gas sector is under performing.
  3. Banks are still doing well.
  4. Europe is likely to open positive.
  5. US futures are flat.
  6. Though Asian markets fell, they have recovered.
  7. There is a talk of stimulus from China.
  8. That is helping the Asian markets.
  9. In the second half, there may be some DII selling.
  10. Nifty future should consolidate between 6580 and 6620, before breaking out again.


Comments

  1. Looking at today options activity and OI, I feel expiry could be anywhere between 6530-6580 ... Nifty can make high up to 6610/26 levels.

    ReplyDelete

Post a Comment