Nifty Futures 10.30AM Call
Nifty Futures opened today at 5260 against its previous close of 5256, and is currently trading at 5243. It has so far recorded a HIGH of 5260 & a LOW of 5226. Asian cues are mixed, US futures are in red, and European markets may open just flat today. The trading range for NF today is likely to be 5190-5270, with the possibility of nifty bouncing back from its lows in the last hour.
-----------------------------------------------------------------
Market Close Report
3.30PM: Nifty futures closed the day at 5208, down 48 points, after touching a low of 5200 & a high of 5285.
-----------------------------------------------------------------
NIFTY OUTLOOK
Nifty continued its tendency to slide from day's high for the 5th day today, and closed the day at 5210, down 39 points. FIIs net sold 363cr & DIIs net bought 455cr. Nifty is facing heavy supply nearer to 5300 level since 6 days, and may test its support of 5160 this week itself.
Nifty levels for 13.01.10 Wednesday are: PIVOT 5237, R1 5274 & R2 5337, S1 5174 & S2 5138.
No comments:
Post a Comment