Friday, July 16, 2010

DAILY TRADING REPORT - 16.07.10 (Friday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5380 against its previous close of 5381, and is currently trading at 5382. It has so far recorded a HIGH of 5387 & a LOW of 5371. Asian cues are negative, US futures are in red, and European markets may open in negative today. The trading range for NF today is likely to be 5330-5390.

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Nifty SMS Trade

11.46AM: Sold nifty at 5380. Target 5340/5330. SL 5398.

2.30PM: SL hit at 5398. Loss 18 points.

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