Daily Nifty News Letter

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  OUTLOOK OF NIFTY/BANK NIFTY TODAY



Nifty:
Nifty Outlook
Nifty traded on negative note today. Index lost numbers in today’s trading session.  Nifty  took a gap down opening later took a fall and sustained around the lower levels. Index closed above 10,700 level. Nifty-50 futures slipped and bears dominated the day, We may see Nifty witnessing support around 10500 level. Midcap and small cap index too also lost and witnessed the negative numbers.
Bank Nifty:  
Bank Nifty Outlook
Bank Nifty Index saw a negative movement and lost the numbers in today’s trading session. Index was seen loosing and bears gained control for today’s trading session. Few PSU players in the sector as well as private banks slipped and lost the numbers for the day. Next 25800 can be seen as major resistance for the index.

 NIFTY TRENDS
Nifty Trends
   R1
10800
R2
10910
S1
10500
S2
10380




Technical OutlooK
TOP GAINERS
Top Gainers
BHARTIARTL
443.40
TATAMOTORS
398.00
BOSCHLTD
20,000.00
HINDPETRO
383.65






TOP LOSERS
Top Losers
HDFC
1,824.95
LT
1,367.30
INDUSINDBK
1,715.00
ADANIPORTS
407.95


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