Daily Nifty News Letter-Star India Market Research 2/27/2018

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Nifty traded on positive note today. Index surged up and made a record high for the day. Nifty-50 futures touched 10600 level, new high.

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 touched 10600 level, new high. Midcap and small-cap counters gained and moved positive for the day. Following the global cues, index was positive. Auto companies added gains and were seen positive for the day. In further trading session 10910 can be market resistance for index.

Bank Nifty:  

Bank Nifty Outlook

Bank Nifty Index saw a positive note for today and gained around 300 points for the day, while the bulls dominated for the day. Private and PSU players performed well for the day and were seen gaining marginally, ICICI Bank traded positive and gained for the day. Next, 26000 can be seen as major resistance for the index.




Technical Outlook

Top Gainers






Top Losers







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Nifty traded on positive note today. Today’s session added positive numbers to the index. Nifty-50 futures managed to close above 10k level, Outlook Of Nifty/bank nifty today Nifty: Nifty Outlook Nifty traded on positive note today. Today’s session added positive numbers to the index. Nifty-50 futures managed to close above 10k level, Midcap counter saw gain and same was with small-cap counters too. Midcap index too gained and other stocks also moved positive for the day. In further trading session 10250 can be market resistance for index. Bank Nifty: Bank Nifty Outlook Bank Nifty Index saw a positive note for today and trading in range for the day, while the bull’s head was high for the day. Private players performed well for the day, YES bank gained and traded positive for the day, PSU bank were also seen gaining for the day. Next, 24500 can be seen as major resistance for the index. Technical Outlook Top Gainers ...
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