Nifty Futures 10.30AM Call
10.30AM: Nifty Futures opened today at 4867 against its previous close of 4863, and is currently trading at 4880. It has so far recorded a HIGH of 4884 & a LOW of 4865.
Asian cues are mixed, US futures are in green, and European markets may open in positive today.
The trading range for NF today is likely to be 4860-5020.
--------------------------------------------------------------
Market Close Report
3.30PM: Nifty futures closed the day at 4935, up 72 points, after touching a low of 4865 & a high of 5002.
--------------------------------------------------------------
NIFTY OUTLOOK
Aided by positive Budget proposals, nifty came out of the last 4 days' tight range, and rallied to touch almost 5000 before closing the day at 4922, up 62 points. Nifty will now have good support at 4880, its earlier resistance.
Nifty levels for 02.03.10 Tuesday are: PIVOT 4924, R1 4990 & R2 5058, S1 4856 & S2 4791.
No comments:
Post a Comment