Post Market Report, November 11, 2014 | Stocks and Commodities

November 11, 2014
Time: 7 pm

Post Market Report:

1. Markets traded as expected.
2. I thought Nifty future will take support at 8360, but fell 8 more points.
3. Trading pattern was same as last two days.
4. Markets opened higher, then fell and recovered in the last hour to close slightly positive.
5. Bank Nifty closed above 17500 which is a good sign.
6. That is because of expected lower inflation data tomorrow evening.
7. If the inflation is lower, then Bank Nifty will go towards 18000.
8. In that case, Nifty future will cross 8500.
9. Today FIIs have bought for Rs 458 crores.
10. DIIs have sold for Rs 517 crores.
11. Europe is trading positive and US futures are also positive. 
12. So the momentum is likely to continue tomorrow.