Daily Nifty News Letter- Star India Market Research 3/26/2018

Nifty traded on negative note today. Index lost numbers in today’s trading session.



Outlook Of Nifty/bank nifty todayNifty: 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 further slipped to the lower levels. Index touched below 10,000 level and showed 4-digit number. Nifty-50 futures slipped and bears dominated the day, We may see Nifty witnessing support around 9950 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 23600 can be seen as major resistance for the index.

Technical Outlook
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