Daily Nifty News Letter

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Outlook Of Nifty/bank nifty today

 Nifty: 

 Nifty Outlook 

Nifty traded on high volatile note for today. In morning session nifty took a gap down opening and gained 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 down opening, rose and was seen trading positive in later hours of the day. Pull back was seen and managed to sustain above 25800. Few Private players gained marginally for the day, while PSU bank players were seen dragging. Next 26400 will act as strong resistance for the index for coming trading sessions.

NIFTY TRENDS

Nifty Trends
   R1
10700
R2
10810
S1
10300
S2
10210

Technical Outlook


TOP GAINERS


Top Gainers
BAJFINANCE
1,666.00
ICICIBANK
332.00
TATASTEEL
666.20
EICHERMOT
27,619.65

TOP LOSERS
Top Losers
LUPIN
790.05
TATAMOTORS
375.25
HCLTECH
952.30
TECHM
607.55






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