Daily Nifty News Letter-Star India Market Research 2/28/2018

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Nifty traded on high volatile note for today. In morning session nifty took a gap up opening and lost numbers in later half.



 Outlook Of Nifty/bank nifty today


Nifty:  


Nifty Outlook


Nifty traded on high volatile note for today. In morning session nifty took a gap up opening and lost numbers in later half. Nifty-50 futures moved in the range and close above 10500 level. Similar pattern was seen in Midcap stocks and also same was for small cap counters too. For coming session market 10700 is considered to be a strong resistance.



Bank Nifty:  



Bank Nifty Outlook



Bank Nifty Index saw a volatile movement for the day. Index taking a gap up opening, rose and was seen trading negative in later hours of  the day.Fall was seen and managed to sustain above 25250.  Few Private players gained marginally for the day, while PSU bank players were seen dragging. Next 26000 will act as strong resistance for the index for coming trading sessions.



Technical Outlook


Top Gainers








Top Losers




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