Thursday, September 17, 2009

DAILY REPORT ON NIFTY BY kadiyali - 17.09.09 (Thursday)

Nifty Futures 11AM Report

11AM...Nifty Futures opened today at 4992 against its previous close of 4961, and is currently trading at 5007. It has so far recorded a HIGH of 5008 & a LOW of 4978. Asian cues are positive, US futures are in green, and European markets will open in positive today. Nifty will trade today in positive all through the day & end the day in positive. However, some amount of profit taking may drag nifty down from day's high. Trading range for NF today is likely to be 4960-5030.

Trading Call

12.54PM...NF now 4974. Go LONG. SL 4959. Target 5024.

1.10PM...NF now at 4955. SL trigerred.

Market Closing Report

Nifty futures closed the day just flat at 4961, after touching a high of 5011 & a low of 4955.

NIFTY OUTLOOK

Nifty opened with a positive gap to go past 5000, but could not hold on to the gap & ended the day near flat at 4965, up just 7 points. FIIs net bought 2759cr & DIIs net bought 186cr. Today's sell of around 5000 with good volume is indicative of possible sliding down of nifty in the days to come.
Nifty levels for 18.09.09 Friday are: PIVOT 4971, R1 4998 & R2 5030, S1 4939 & S2 4912.





5 comments:

  1. Hello friends, the comments posting for this blog has been restricted to members, which means only members of this blog (currently 189) can post comments. However there is some technical problem even for members to post their comments, which is getting solved shortly.

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  2. Good Morning Kadiyali ji & Verma ji!

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  3. So, its working for us now.....Thanks

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  4. good morning sirji,

    my waist getting better by the day. hiopefully the pain will expire with the expiry - one way or the other.

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