Nifty Futures 10.30AM Call
10.30AM: Nifty Futures opened today gap down at 4840 against its previous close of 4886, and is currently trading at 4835. It has so far recorded a HIGH of 4847 & a LOW of 4831. Asian cues are negative, US futures are in red, and European markets may open in negative today. The trading range for NF is likely to be 4780-4850.
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Market Close Report
3.30PM: Nifty futures closed the day at 4848, down 38 points, after touching a low of 4797 & a high of 4884.
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NIFTY OUTLOOK
Nifty had a gap down opening today, slided further 40 points down from opening level, but rebounded smartly to cover the entire loss of the day, before yielding to profit booking, and closed the day at 4845, down 43 points. FIIs net bought 17cr & DIIs net sold 397cr. The current pull back of nifty may see 5000 level shortly.
Nifty levels for 22.02.10 Monday are: PIVOT 4846, R1 4886 & R2 4928, S1 4804 & S2 4764.
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