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Pre Market Report, August 27, 2015

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August 27, 2015
2 comments
August 27, 2015
Time: 8.50 am

Pre Market Report:


  1. US markets bounced back sharply from over sold levels.
  2. Asian markets are all in Green.
  3. China and Hong Kong are also positive.
  4. It seems that the damage is done and markets should stabilise around this level.
  5. Technical bounce back is imminent.
  6. But that bounceback may be sold into.
  7. Still FIIs sell figures are so huge. They have sold over Rs 10000 crores in the last few days.
  8. Markets are likely to make some sharp move either upside or downside towards the end of the day.
  9. As I have mentioned earlier, if there are no more bad news (that should be the case now) Nifty is likely to expire between 8800 and 9000.
  10. Now it seems that it is likely to expire around 8900 plus or minus 20 points.



Written By

Options Trader and Trainer

Comments

  1. Pooja Pariya27 August 2015 at 17:29

    Thanks for sharing wonderful and accurate news about live Market.
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