Pre Market Report, October 29, 2014 | Stocks and Commodities

October 29, 2014
Time: 8.30 am

Pre Market Report:

1. US markets shot up.
2. Asian markets are trading higher.
3. SGX Nifty is trading above 6080.
4. PSU Banks also picking up momentum.
5. So Bank Nifty will continue to do well.
6. Only key company to declare results today is DR REDDY.
7. Markets may be volatile as markets are rising continuously for the past few days.
8. If Nifty future breaks 8080 decisively, Nifty might expire between 8100 to 8150.
9. Today Nifty future should take support at 8020.
10. Resistance will be at 8110.