Wednesday, December 30, 2009

DAILY REPORT ON NIFTY BY kadiyali - 30.12.09 (Wednesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5185 against its previous close of 5194, and is currently trading at 5185. It has so far recorded a HIGH of 5198 & a LOW of 5178. Asian cues are mixed, US futures are in red, and European markets may open in negative today. The trading range for NF today is 5120-5200.

---------------------------------------------------------

Market Close Report

3.30PM: Nifty futures closed the day at 5169, down 25 points, after touching a low of 5155 & a high of 5198.

---------------------------------------------------------

NIFTY OUTLOOK

Nifty traded range bound ahead of this month expiry, and closed the day at 5169, down 19 points. FIIs net bought 113cr & DIIs net bought 69cr. Nifty is likely to trade with volatility tomorrow being the last day of the expiry as well as the year.
Nifty levels for 31.12.09 Thursday are: PIVOT 5175, R1 5191 & R2 5212, S1 5154 & S2 5138.


No comments:

Post a Comment