Nifty Futures 11AM Call
11AM...Nifty Futures opened today at 4975 against its previous close of 4978, and is currently trading at 5014. It has so far recorded a HIGH of 5023 & a LOW of 4972. Asian cues are mixed, US futures are in green, and European market may open slightly in positive today. Nifty may have a range bound trade today, and NF may trade in the range of 4970-5040.
Market Closing Report
Nifty futures closed the day at 5023, up 45 points, after touching a high of 5047 & a low of 4972.
NIFTY OUTLOOK
Nifty continued its bullish trade today to trade almost the entire day above 5000 level, and closed the day at 5020, up 44 points. FIIs net bought 853cr & DIIs net sold 539cr. Nifty is already in an overbought zone & constant caution is called for against 'book & reverse' emerging.
Nifty levels for 23.09.09 Wednesday are: PIVOT 5011, R1 5045 & R2 5070, S1 4986 & S2 4952.
No comments:
Post a Comment