Post Market Report, September 22, 2014 | Stocks and Commodities

September 22, 2014
Time: 8.30 pm

Post Market Report:

1. No one expected this kind of recovery in the afternoon.
2. Once again my prediction went wrong terribly.
3. I expected Nifty future to face resistance at 8140, but it went to close to 8180.
4. That too without any institutional support.
5. FIIs have actually sold for Rs 186.41 crores.
6. DIIs have bought for Rs 31.49 crores which is insignificant.
7. For the first time in our stock market history, VIX fell below 10 intraday.
8. VIX closed at 11.56 which is the lowest closing ever since VIX was inroduced.
9. Also today the turnover was at 5.9 lakh crores.
10. This is the 5th highest turnover.
11. All these happened without institutional participation and that is the surprise.
12. There is no change in my view that Nifty will expire between 8000 and 8200.