Mid Market Report, April 16, 2014 | Stocks and Commodities

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April 16, 2014
Time: 1.15 pm

Mid Market Report:

1. Markets are trading in the range of 6720-6780.
2. There is a strong support in the region of 6700-6720.
3. If that is broken, the fall will be severe.
4. But as of now, it is not likely to break that range.
5. Indus Ind Bank results keeping Bank Nifty under check, results will be declared around 2 pm.
6. Global cues are also good.
7. Europe opened higher.
8. US futures are also higher.
9. For the first time after many days, VIX is down.
10. Markets will be volatile towards the end.