Pre Market Report, September, 15, 2014 | Stocks and Commodities

September, 15, 2014
Time: 8.30 am

Pre Market Report:

1. SGX Nifty is trading at 8085.
2. It is a big gap down in the recent weeks.
3. Markets are likely to be under pressure until 12 noon.
4. Then the market movement will be based on WPI data.
5. Continued negative economic data and Fed meeting tomorrow, keep world markets in jitter mode.
6. Meanwhile crude price has broken another important level of US$97.
7. Now it is trading around US$96.50.
8. This will have a very positive effect on our markets in the medium to long term.
9. Nifty future should take support at 8060.
10. The resistance will be at 8120.