Nifty Futures 10.30AM Call
10.30AM: Nifty Futures opened today at 5268 against its previous close of 5261, and is currently trading at 5257. It has so far recorded a HIGH of 5271 & a LOW of 5251. 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 5210-5280.
-----------------------------------------------------------------
Market Close Report
3.30PM: Nifty futures closed the day at 5253, down 8 points, after touching a low of 5245 & a high of 5272.
-----------------------------------------------------------------
NIFTY OUTLOOK
Nifty remained rangebound thoroughout the day today to close the day in the range of 5200-5300 for the eleventh successive trading day, at 5252, down just 8 points. FIIs net sold 930cr for their 4th successive day of net selling, and DIIs net bought 680cr. Having secured its highest close of the year 2009 at 5201 on the last trading day of 2009, Nifty has now closed above 5200 for the first 10 trading days of the new year.
Nifty levels for 18.01.10 Monday are: PIVOT 5258, R1 5274 & R2 5295, S1 5237 & S2 5221.
No comments:
Post a Comment