MARKETS VIEW

         




 

Derivatives Report

26Dec2013 For Internal Distribution only1-1.75Nifty futures opened positive and traded negative bias during the day ,to finally close down by 0.30% at 6282.

Overall breadth is negative as there were 59 advances vs. 77 declines in F&O segment.

 Nifty futures may remain volatile in short term. Nifty future supports lies at 6240 .

 While resistance lies at 6390 Among major sector indices, Bank nifty futures closed 

down by 0.52% and Cnxit futures closed down by 0.03 % Among Nifty Heavyweight stocks

,Ongc and Hdfc witnessed short buildup.Put Call Ratio (Volume) is at 0.98 Volatility

 index closed at 15.58 down by 4.18%

MARKETS VIEW

Just watch 6355 carefully
( If Nifty will not cross 6355 level, then continue falling can start towards 6192 & 6098) Suppose to crossover 6355 level and close above this…then nifty can short  only 6400 above! enter at right level!

OUR LONG Term Targets for NIFTY FUTURE 6498 to 6569 very soon

CURRENCY CORNER

COMMODITIES--->

SPECIAL CALL---->Sell NG Near @280  SL@282    Targets@275