Nifty Futures 10.30AM Call
10.30AM: Nifty Futures opened today at 4723 against its previous close of 4749, and is currently trading at 4729. It has so far recorded a HIGH of 4763 & a LOW of 4717. Asian cues are negative, US futures are just flat, and European markets may open in positive today. The trading range for NF today is likely to be 4690-4780.
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Market Close Report
3.30PM: Nifty futures closed the day at 4766, up 17 points, after touching a low of 4667 & a high of 4806.
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NIFTY OUTLOOK
Nifty had a volatile session today, losing 80 points in the morning session, but recovering more than 100 points from the day's low, only to close the day near flat, at 4760, up just 3 points. FIIs net sold 935cr & DIIs net bought 381cr. Nifty will continue its indecisiveness for some more trading days before deciding which way to proceed - down or up.
Nifty levels for 09.02.10 Tuesday are: PIVOT 4795, R1 4814 & R2 4868, S1 4691 & S2 4621.
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