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Nifty Futures 10.30AM Call
10.30AM: Nifty futures opened today at 5260 against its previous close of 5243, and is currently trading at 5270. It has so far recorded a HIGH of 5275 & a LOW of 5250. Asian cues are positive, US futures are in green, and European markets may open with a gain of atleast 0.60%. The trading range for NF today is likely to be 5230-5290, with nifty remaining locked in a tight range for full 5 hours of trading, and losing all its gains of the day towards the end, and closing the day near flat.
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Market Close Report
3.30PM: Nifty futures closed the day at 5259, up 16 points, after touching a low of 5244 & a high of 5275.
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NIFTY OUTLOOK
Aided by positive global cues, nifty posted a positive close for the second day, and closed the day at 5260, up 26 points. FIIs net sold 312cr & DIIs net bought 529cr. Today's trade too points to the existence of high supply zone above 5270 for nifty.
Nifty levels for 15.01.10 Friday are: PIVOT 5255, R1 5277 & R2 5295, S1 5237 & S2 5215.
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