Monday, March 8, 2010

DAILY REPORT ON NIFTY BY kadiyali - 08.03.10 (Monday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5133 against its previous close of 5087, and is currently trading at 5127. It has so far recorded a HIGH of 5140 & a LOW of 5116.

Asian cues are positive, US futures are in green, and European markets may open in positive today. 

The trading range for NF today is likely to be 5000-5160, with the possibility of the current low of 5116 getting breached in the morning session, and the current high of 5140 getting broken in the afternoon session.

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Market Close Report

3.30PM: Nifty futures closed the day at 5118, up 31 points, after touching a low of 5105 & a high of 5145.

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