Nifty Futures 10.30AM Call
10.30AM: Nifty Futures opened today at 4937 against its previous close of 4899, and is currently trading at 4886. It has so far recorded a HIGH of 4939 & a LOW of 4878. Asian cues are positive, US futures are in red, and European markets may open slightly in negative 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 4818, down 81 points, after touching a low of 4807 & a high of 4939.
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NIFTY OUTLOOK
Nifty turned bearish today after 3 days' pause, and closed the day at 4830, down 69 points. FIIs net sold 455cr & DIIs net bought 42cr. Nifty's current slide is likely to see a target of 4600.
Nifty levels for 03.02.10 Monday are: PIVOT 4865, R1 4916 & R2 5002, S1 4779 & S2 4728.
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