Nifty Futures 10.30AM Call
10.30AM: Nifty Futures opened today at 4832 against its previous close of 4856, and is currently trading at 4867. It has so far recorded a HIGH of 4878 & a LOW of 4830. Asian cues are mixed, US futures are just flat, and European markets may open in slight positive today. The trading range for NF is likely to be 4830-4910.
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Market Close Report
3.30PM: Nifty futures closed the day at 4880, up 24 points, after touching a low of 4830 & a high of 4889.
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NIFTY OUTLOOK
Nifty consolidated above 4850 level for the second day today, well absorbing the selling pressure, and closed the day at 4870, up 14 points. FIIs net bought 551cr & DIIs net sold 179cr. Nifty is heading towards its pull back target of 5020.
Nifty levels for 24.02.10 Wednesday are: PIVOT 4862, R1 4892 & R2 4913, S1 4841 & S2 4811.
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