Daily Nifty News Letter


Outlook Of Nifty/bank nifty today

Nifty:
Nifty Outlook
   Nifty traded on positive note today. Index surged up and made a record high for the day. Nifty-50 futures took a gap up opening and touched a level of 11185. Midcap and small-cap counters gained and moved positive for the day and later consolidation seen. IT companies gained numbers and were seen positive for the day. In further trading session 11550 can be market resistance for index.

 Bank Nifty:
Bank Nifty Outlook
      Bank Nifty Index saw a positive note for today and gained around 250 points for the day, while the bulls dominated for the day. Private and PSU players performed well for the day and were seen gaining initially later profit booking was seen, Kotak Bank traded positive and gained for the day. Next, 27800 can be seen as major resistance for the index.


                       Nifty Trends
                         R1
            11150
                         R2
             11351
                         S1
             11100
                         S2
              1095

Technical Outlook
 

                        Top Gainers
EICHERMOT                 
27,550.00
MARUTI
9,612.45
HDFC
1,971.50
INFRATEL
352.40
 




                               Top Losers
DRREDDY
2,360.00
LUPIN
909.70
GAIL
477.40
BHARTIARTL
440.60






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