Nifty Futures 11AM Call
11AM: Nifty Futures opened today at 5166 against its previous close of 5131, and is currently trading at 5169. It has so far recorded a HIGH of 5177 & a LOW of 5161. 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 5140-5190. Nifty will trade today RANGEBOUND, and may post near flat close.
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Nifty SMS Group Trades - Dec 09
A. Total Trades: 7
B. Winning Trades: 6
C. Losing Trades: 1
D. Points Gained: 175*
E. Points Lost: 8
F. Net Gain: 167
* includes today's gain of 53 points.
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Market Close Report
3.30PM: Nifty futures closed the day at 5110, down 21 points, after touching a low of 5081 & a high of 5188.
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NIFTY OUTLOOK
Nifty made its third unsuccessful attempt to surpass its 2009 high of 5182 & closed the day at 5117, down 17 points. FIIs net bought 338cr & DIIs net sold 7cr. Nifty has now completed its Triple Top at 5182, and will be bearish in the days to come, specially as USD Index has shown enough indication of breaking out of its recent range.
Nifty levels for 14.12.09 Monday are: PIVOT 5129, R1 5170 & R2 5223, S1 5076 & S2 5035.
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