Nifty Futures 11AM Call
Nifty Futures opened today at 5140 against its previous close of 5119, and is currently trading at 5163. It has so far recorded a HIGH of 5164 & a LOW of 5133. Asian cues are positive, US futures are in green, and European markets may open in positive today. The trading range for NF is likely to be 5120-5190. Nifty may give up its gains towards the end, and close the day just flat.
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Nifty SMS Group Trades - Dec 09
A. Total Trades: 2
B. Winning Trades: 2
C. Losing Trades: 0
D. Points Gained: 52*
E. Points Lost: 0
F. Net Gain: 52
*includes today's gain of 42 points.
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Market Close Report
3.30PM: Nifty futures closed the day at 5122, up just 3 points, after touching a low of 5115 & a high of 5191.
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NIFTY OUTLOOK
Nifty made a perfect Double Top today touching its 2009 high of 5181, and then sliding down to close the day at 5131, up just 8 points. FIIs net bought 334cr & DIIs net sold 200cr. Nifty will now proceed towards its downward target of 4800/4600.
Nifty levels for 04.12.09 Friday are: PIVOT 5140, R1 5173 & R2 5214, S1 5098 & S2 5065.
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