Nifty Futures 11AM Call
11AM: Nifty Futures opened today at 5193 against its previous close of 5168, and is currently trading at 5220. It has so far recorded a HIGH of 5221 & a LOW of 5193. 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 5170-5240. Nifty may trade in a tight range in first part of the day, but may be volatile during second half.
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Market Close Report
3.30PM: Nifty futures closed the day at 5202, up 35 points, after touching a low of 5191 & a high of 5229.
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NIFTY OUTLOOK
Nifty surged further up today & closed the day above 5200 for the first time in this year 2009 at 5201, up 32 points. FIIs net bought 516cr & DIIs net sold 472cr. Nifty has closed the year at its year's high of 5201 thanks to the continuing liquidity floating around in the market.
Nifty levels for 04.01.2010 are: PIVOT 5197, R1 5226 & R2 5250, S1 5172 & S2 5144.
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