Wednesday, March 17, 2010

DAILY REPORT ON NIFTY BY kadiyali - 17.03.10 (Wednesday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5224 against its previous close of 5204, and is currently trading at 5254. It has so far recorded a HIGH of 5256 & a LOW of 5222. Asian cues are positive, US futures are in green, and European markets may open in positive today. Nifty will trade in green for major part of the day, but may lose almost all its day's gain towards the end due to profit booking. The trading range for NF today is likely to be 5190-5280.

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Market Close Report

3.30PM: Nifty futures closed the day at 5244, up 40 points, after touching a low of 5222 & a high of 5271.

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