Monday, February 1, 2010

DAILY REPORT ON NIFTY BY kadiyali - 01.02.10 (Monday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 4847 against its previous close of 4875, and is currently trading at 4869. It has so far recorded a HIGH of 4887 & a LOW of 4822.  Asian cues are negative, US futures are in green, and European markets may open in negative today. The trading range for NF today is likely to be 4820-4930.

----------------------------------------------------------------

Market Close Report

3.30PM: Nifty futures closed the day at 4901, up 26 points, after touching a low of 4822 & a high of 4924.

----------------------------------------------------------------

NIFTY OUTLOOK

Nifty continued its positive close with small gains for the third day today, and closed at 4899, up 17 points. FIIs net sold 494cr & DIIs net bought 200cr. After 3 days of pausing in the slide, nifty is likely to continue the slide shortly.
Nifty levels for 02.02.10 Tuesday are: PIVOT 4882, R1 4937 & R2 4973, S1 4945 & S2 4790.


No comments:

Post a Comment