Post Market Report, February 27, 2015 | Stocks and Commodities

February 27, 2015
Time: 10.30 pm

Post Market Report:

1. I could not write 'Pre Market Report' as I forgot to carry power cable of my laptop when I went to Sun TV today.
2. The much awaited rally has come today.
3. I have been mentioning that there is every possibility that Nifty will cross 9000 just before budget.
4. Today Nifty closed closer to 8900.
5. Now SGX Nifty is trading above 8950.
6. So it is a matter of another 60 to 80 points rally to cross all time high.
7. I expect that to happen by tomorrow.
8. Economic survey has lifted the sentiment.
9. Though Nifty may trade closer or above 9000 just before budget or during the budget, we are not sure how it will close.
10. If the Budget is satisfactory, Nifty may end above 9000. This is what FIIs believe and that is why they are buying in huge quantities. 
11. Today also they have bought for more than 1000 crores, third day of more than 1000 crore buy.
12. So be ready for roller coaster ride tomorrow.