Nifty Futures 10.30AM Call
Nifty Futures opened today at 5260 against its previous close of 5271, and is currently trading at 5353. It has so far recorded a HIGH of 5274 & a LOW of 5252. Asian cues are mixed, US futures continues to be in green, and European markets may open marginally in negative today. The trading range for NF today is likely to be 5220-5280.
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Market Closer Report
3.30PM: Nifty futures closed the day at 5224, down 47 points, after touching a low of 5212 & a high of 5274.
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NIFTY OUTLOOK
Nifty traded for the biggest intraday difference of the month, and closed the day at 5226, down 49 points. FIIs net sold 361cr & DIIs net bought 22cr. Nifty having closed between 5200-5300 for all the 12 trading days of this month, is now within a striking distance for a fall down from this range, and is now poised for a downward target of 5030 in the remaining 5 trading days before the January Expiry.
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