Post Market Report, August 26, 2014 | Stocks and Commodities

August 26, 2014
Time: 7 pm

Post Market Report:

1. Nifty future traded as expected.
2. I expected Nifty future to take support at 7880.
3. But it took support at 7871.
4. Yesterday late afternoon, markets fell.
5. Today late afternoon, markets rose.
6. Markets will move only after weaker hands get out of the market.
7. FIIs have bought for Rs 365 crores.
8. DIIs have sold for Rs 259 crores.
9. Europe is trading positive and US futures are also positive.
10. So Nifty is likely to resume its uptrend tomorrow.