Nifty Futures 10.30AM Call
10.30AM: Nifty Futures opened today at 4814 against its previous close of 4782, and is curently trading at 4783. It has so far recorded a HIGH of 4820 & a LOW of 4751. Asian cues are mixed, US futures are in red, and European markets may open in positive today. The trading range for NF today is likely to be 4720-4830.
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Market Close Report
3.30PM: Nifty futures closed the day at 4756, down 37 points, after touching a low of 4740 & a high of 4823.
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NIFTY OUTLOOK
Nifty faced heavy supplies at its resistance zone of 4810-20 today, and lost all the gains of the day to close the day at 4757, down 35 points. Nifty may remain in its tight range of 4670-4820 for one or two days, before possibly getting into a small pre budget rally.
Nifty levels for 11.02.10 Thursday are: PIVOT 4777, R1 4807 & R2 4856, S1 4728 & S2 4699.
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