Post Market Report, December 4, 2014 | Stocks and Commodities

December 4, 2014
Time: 7.45 pm

Post Market Report:

1. Markets traded as expected.
2. I said Nifty future will take support at 8560.
3. Today's low was 8560.70.
4. I said resistance will be at 8640.
5. Nifty future hit a high of 8628.85.
6. FIIs have bought for Rs 474 crores.
7. DIIs have sold for Rs 585.98 crores.
8. Europe has been trading firmly until Draghi announced that he will wait for one more quarter to decide on stimulus.
9. Now Europe is trading marginally lower.
10. So markets are likely to continue in consolidation mode for some more time.