Monday, February 15, 2010

DAILY REPORT ON NIFTY BY kadiyali - 15.02.10 (Monday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 4837 against its previous close of 4828, and is currently trading at 4817. It has so far recorded a HIGH of 4840 & a LOW of 4804. Asian cues are mixed, US futures are in green, and European markets may open little changed today. The trading range for NF today is likely to be 4780-4850.

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Market Close Report

3.30PM: Nifty futures closed the day at 4795, down 33 points, after touching a low of 4777 & a high of 4840. 

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NIFTY OUTLOOK

Nifty had a rangebound trade today, and closed the day at 4802, down 25 points. FIIs net bought 196cr & DIIs net sold 114cr. As FIIs' sales have paused, nifty may not fall below 4740 for the remaining trading days of this expiry.
Nifty levels for 16.02.10 Tuesday are: PIVOT 4810, R1 4837 & R2 4872, S1 4775 & S2 4749.



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