Nifty Futures 11AM Call
11AM...Nifty Futures opened today at 5087 agaist its previous close of 5059, and is currently trading at 5110. It has so far recorded a HIGH of 5122 & a LOW of 5087. Asian cues are positive, US futures are in deep green, and European markets may open in positive today. The trading range for NF today is likely to be 5010-5140.
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Nifty SMS Group Record - Oct 09
1. Total Trades: 6
2. Winning Trades: 3
3. Losing Trades: 3
4. Points Gained: 47*
5. Points Lost: 57
6. Net Gain: - 10
7. Month Target: 200
* includes today's 3 points gain.
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Stock Portfolios Blog
Fiftypointsaday team is pleased to inform opening of their 3rd blog "Stock Portfolios" with the purpose of guiding small investors to build 3 different kinds of portfolio. We had received more than 170 requests from our readers, to which we added all Early Bird Members of our paid service Nifty SMS Group, and out of this lot, after a small screening, we have selected 100 members (maximum possible in google blog), for whom our invitation to access the blog has already been sent today. The said blog is not a paid service but a free one, but has been restricted to 100 members on invitation. We thank all our readers who have made this achievement possible in less than 3 months.
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Market Closing Report
3.3oPM: Nifty futures closed the day at 5120, up 61 points, after trading the day in rangebound touching a low of 5087 & a high of 5129.
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NIFTY OUTLOOK
Due to highly positive global cues, nifty had a bullish trade today, trading above 5100 for major portion of the day, and closed the day at 5118, up 64 points. FIIs net bought 1444cr & DIIs net sold 197cr. Having touched its tough resistance of 5110 very quickly in the day, traded very close to the said level for major portion of the day, and having closed the day above the said resistance, nifty has given notice to bears to avoid positional shorts.
Nifty levels for 15.10.09 Thursday are: PIVOT 5100, R1 5146 & R2 5173, S1 5072 & S2 5027.
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