The key points from the document are: 1) Indian stock markets ended lower for the second consecutive session led by losses in realty, banking and oil & gas stocks, closing down 1% at a one-month low on the September futures and options expiry day. 2) The Nifty futures contract found support around 7950 in the early session but saw a sharp fall later in the day, closing around the 7900 level. 3) This suggests the correction in markets may continue in the upcoming October series with support seen between 7940-7900 and immediate resistance at 8040 and 8090.

1. 26 SEPTEMBER14
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2. S S
INDEX
VALUE
CHANGE
%
SENSEX
26468
-276
-1.03
NIFTY
7911
-90
-1.13
BANK NIFTY
15299
-441
-2.80
INDIA VIX
13.29
0.76
6.08
CATEGORY
BUY
SELL
NET
FII
6308.96
7160.2
-851.24
DII
2822.33
2003.71
818.62
BIG BULLS ACTIVITY MARKET GOSSIPS FOURTH UMPIRE
Markets continued the selling pressure seen from last two sessions mainly led by Realty, Banking and Oil & Gas stocks and closed 1% down on F&O Expiry day breaching crucial supports. Nifty future found support around 7950 in the first half and showed free fall after crossing it and closed around 7900 mark. Closing indicates that correction is likely to continue and Oct series may find support in the range of 7940-7900 and immediate resistance is seen near 8040.
TREND: SIDEWAYS
SUPPORT : 7940 & 7900 RESISTANCE: 8040 & 8090 MARKET POSITIONS
 Markets end at one-month low on Sept F&O expiry; Banking stocks extends losses.
 IT stocks moved higher after rival Accenture's results.
 Oil & Gas stocks dips on gas price hike deferral; ONGC dips.
 Metal stocks extend loss post SC order.
 Aban Offshore dips 16% on profit booking.

3. SCRIPS @ TARGETS
B/S
SL1
T1
T2
T3
BHEL
S
200
201
199
198
197
GAIL
B
457.25
455.25
459.25
461.25
463.25
SCRIPS @ TARGETS
B/S
SL1
T1
T2
T3
CESC
S
732.80
740.20
725.50
718.20
711
DLF
S
153.65
155.20
152.15
150.65
149.15
SCRIPS CLOSE R2 R1 S1 S2
RELIANCE FUT
928.20
1010
970
890
850
ONGC FUT
398.55
408
403
393
388
TATA STEEL FUT
457.55
467
462
452
447
SBI FUT
2374.65
2450
2410
2330
2290
INFY FUT
3684.10
3760
3720
3620
3580
NIL. OPEN INTEREST 24-SEPT-13 25-SEPT-14 CHANGE IN OPEN INTEREST %
NIFTY
8077700
6313750
-1763950
-21.84
FUTURE
CASH
PIVOT TABLE
FUTURES & OPTIONS DATA
SCRIPS IN F&O BAN FOR TRADE
A STEP AHEAD

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