Nifty Futures 10AM Call
10AM: Nifty Futures opened today at 4902 against its previous close of 4848, and is currently trading at 4901. It has so far recorded a HIGH of 4904 & a LOW of 4881. Asian cues are positive, US futures are in green, and European markets may open in positive today. The trading range for NF today is likely to be 4870-4960.
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Market Close Report
3.30PM: Nifty futures closed the day at 4867, up 19 points, after touching a low of 4823 & a high of 4935.
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NIFTY OUTLOOK
Nifty had a volatile trade today being the last day of Jan expiry, and closed the day at 4867, up 14 points. FIIs net sold 2813cr & DIIs net bought 1980cr. Bears have now tasted blood, and are likely to dominate stock markets worldwide for some more weeks.
Nifty levels for 29.01.10 Friday are: PIVOT 4874, R1 4923 & R2 4979, S1 4818 & S2 4769.
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