MAGIC NIFTY FUTURE 6144.20.
MAGIC BANKNIFTY FUTURE 10521.76.
Near Month FO Expiry We May See Volatility Ahead. The FO Contracts Expires On Wednesday 26th Feb 2014. Stock Market Will Remain Closed On Thursday 27th Feb 2014 On Account Of Mahashivratri.
Futures Trading On The National Stock Exchange's (NSE) Volatility Index -- India VIX -- Begins From Wednesday, 26 February 2014. India VIX Is A Volatility Index Based On The Index Options Prices Of CNX Nifty. The Contract Value Of India VIX Futures Will Be Minimum Rs 10 Lakh At The Time Of Introduction Of Futures Trading In India VIX, NSE Had Said Early This Month.
Trend In Global Market, Also In Emerging Market, Price Movement Of Rupee Against The Dollar And Crude Oil Price Movement Will Dictate The Trend For Next Week.
Concerns About Slowdown In Capital Inflow May Weigh On The Domestic Bourses After A Federal Reserve Report This Week Showed Support For A Plan To Reduce Monetary Stimulus For The US Economy. Fed's Bond-Buying Program Has Been A Source Of Liquidity For Most Asian And Emerging Markets Over The Past Few Years.
For Upside Nifty Spot Resis 6180-6218 Above This With Heavy Volumes Nifty May Touch 6276 / 6328. For Downside 6118-6089 Support Below This Level 6042 / 6002 / 5960 !
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