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15 October, 2009

14-10-09 trading shows that the markets are in full zoom to Diwali eve. Nifty closed at 5118 +64.  

  • FII data: bought in cash, bought in index futures, but sold in stocks futures.
  • F&O data: Nifty futures shed open index.
  • Option writings: 5100 puts added.
  • US markets: Dow crossed 10K.
  • Global cues are positive.
  • SGX nifty is positive.

Over all view: Nifty may trade up with out correction up to Diwali for a closing around 5310-5350.

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