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

September 22, 2014
Time: 8.30 am

Pre Market Report:

1. US markets ended mixed on Friday.
2. In the last few minutes of trading, US markets fell, which usually is not a good sign.
3. Huge selling in the last few minutes indicates institutional selling.
4. SGX Nifty is trading about 55 points lower at 8070.
5. Most Asian markets are down.
6. Gold, SIlver, Crude are all down.
7. Ahead of expiry our markets are likely to be very choppy.
8. More than 50 points gap down will create some sort of panic among the people who wrote 8100 Put option.
9. Though volatile, Nifty future is expected to trade between 8000 and 8200 this week.
10. Today Nifty future is likely to trade between 8060 and 8140.