Thursday, March 18, 2010

DAILY REPORT ON NIFTY BY kadiyali - 18.03.10 (Thursday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5244 against its previous close of 5239, and is currently trading at 5250. It has so far recorded a HIGH of 5255 & a LOW of 5232. Asian cues are mixed, US futures are just flat, and European markets may open little changed today.

The trading range for NF today is likely to be 5210-5260 in yet another range bound trade.

Nifty is likely to record a negative close today but above 5200.

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Market Close Report

3.30PM: Nifty futures closed the day at 5255, up 16 points, after touching a low of 5221 & a high of 5263.

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