Friday, October 23, 2009

DAILY REPORT ON NIFTY BY kadiyali - 23.10.09 (Friday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5046 against its previous close of 4997, and is currently trading at 5034. It has so far recorded a HIGH of 5049 & a LOW of 5030. Asian cues are positive, US futures are in green, and European markets may open in positive today after yesterday's 3 digit gains of Wall Street. Nifty having opened gap up may give up major portion of the gap in the first half of the session, but may recover smartly in the second half to post a handsome gain for the day. The trading range for NF today is likely to be 5010-5080. 

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Nifty SMS Group Record

1. Total Trades:              11 

2. Winning Trades:          7 

3. Losing Trades:             4

4. Points Gained:           177

5. Points Lost:                 87 *

6. Net Gain:                     90 

7. Month Target:          200

*includes today's loss of 30 points in 12.06PM sms trade.

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Market Closing Report

3.30PM: Nifty futures closed the day at 5007, up 9 points, after touching a low of 4987 & a high of 5053.



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