Post Market Report, September 18, 2014 | Stocks and Commodities

September 18, 2014
Time: 8.55 am

Post Market Report:

1. Fed announcement was not bad.
2. It was in line with expectation.
3. So US markets closed at record high.
4. But Asian markets are mixed.
5. SGX Nifty is trading around 7955.
6. This is a disappointing start for our markets.
7. Despite good news, if markets open lower, then either markets should recover intraday otherwise Nifty will be heading to 7800-7850 level.
8. Today Nifty future should take support at 7920.
9. Resistance will be at 8020.