Nifty Futures 10.30AM Call
10.30AM: Nifty Futures opened today at 5303 against its previous close of 5281, and is currently trading at 5274. It has so far recorded a HIGH of 5303 & a LOW of 5270. Asian cues are positive, US futures are in red, and European markets may open just flat today. The trading range for NF today is likely to be 5220-5310. Nifty will trade the major part of the day in negative, and will close the day in negative.
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Market Close Report
3.30PM: Nifty futures closed the day at 5291, up 10 points, after touching a low of 5266 & a high of 5303.
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NIFTY OUTLOOK
Nifty traded range bound for the 5th day today, and closed the day near flat at 5282, up 3 points. FIIs net bought 660cr & DIIs net sold 286cr. Nifty may remain firmly above 5200 for the next few trading days in view of Q3 results season.
Nifty levels for 07.01.10 Thursday are: PIVOT 5284, R1 5308 & R2 5335, S1 5258 & S2 5233.
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