Nifty Futures 11AM Call
11AM...Nifty Futures opened today at 4999 against its previous close of 4975, and is currently trading at 4988. It has so far recorded a HIGH of 5022 & a LOW of 4980. Asian cues are positive, US futures are in green, and European markets may open in positive today. The trading range for NF today is likely to be 4970-5060.
Market Closing Report
3.30PM: Nifty futures closed the day at 4986, up 10 points, after touching a high of 5052 & a low of 4972.
Stock Portfolios Blog
We have received more than 120 requests from small investors for an invite to access our new blog "Stock Portfolios". Since the maximum number of members who can be accomodated in the said blog is limited to 100, we will send our invite after a small screening to 100 members. The blog will be open from 14.10.09, and the invite will be sent by the said date.
NIFTY OUTLOOK
Nifty had a volatile trade today, trading in positive & negative alternatively, and closed the day at 5002, up 17 points. FIIs net sold 376cr & DIIs net sold 20cr. Nifty has been closing around 5000 for the last 7 trading days, waiting for a negative trigger to fall towards its downward target of 4700.
Nifty levels for 09.10.09 Friday are: PIVOT 5006, R1 5077 & R2 5111, S1 4968 & S2 4934.
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