Nifty Futures 10.30AM Call
Nifty futures opened today at 5183 against its previous close of 5208, and is currently trading at 5213. It has so far recorded a HIGH of 5221 & a LOW of 5180. Asian cues are negative, US futures are in green, and European markets may open slightly in positive today. The trading range for NF today is likely to be 5180-5250.
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Market Close Report
3.30PM: Nifty futures closed the day at 5243, up 35 points, after touching a low of 5176 & a high of 5248.
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NIFTY OUTLOOK
As expected, nifty completed its testing of support at 5160 by sliding to a low of 5169 today, but recovered smartly from that level to close the day at 5234, up 24 points. FIIs net sold 286cr & DIIs net bought 122cr. Nifty may now test its further support level of 5130 next week.
Nifty levels for 14.01.10 Thursday are: PIVOT 5214, R1 5259 & R2 5284, S1 5189 & S2 5144.
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