Nifty Futures 10.30AM Call
Nifty Futures opened today at 5239 against its previous close of 5254, and is currently trading at 5276. It has so far recorded a HIGH of 5282 & a LOW of 5232. Asian cues are negative, US futures are in green, and European markets may open in positive today. The trading range for NF today is likely to be 5180-5290, with nifty likely to close the day in negative with a loss of minimum 50 points.
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Market Close Report
3.30PM: Nifty futures closed the day at 5269, up 15 points, after touching a low of 5232 & a high of 5290.
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NIFTY OUTLOOK
Nifty continued its 5200-5300 range trade for the 11th trading day of the month, and closed the day at 5275, up 23 points. FIIs net bought 153cr & DIIs net sold 21cr. Lack of retail participation at higher levels may force FIIs/DIIs to turn sellers very shortly.
Nifty levels for 19.01.10 Tuesday are: PIVOT 5265, R1 5302 & R2 5329, S1 5238 & S2 5202.
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