Today's Out look of NIFTY | BANK NIFTY
Nifty Outlook
Nifty traded on sideways note yet very
volatile today. Index moved choppy for
the day and traded in a small range of 80-100 points for the day, stocks also
traded in the range for the day. Nifty-50 futures traded negative in first half
and later gained the numbers, We may see Nifty witnessing resistance around
10410 – 10540 level. Midcap and small cap index too traded on mixed note.
Bank Nifty Outlook
Bank Nifty Index traded on sideways note yet and sustained above 25600.
Index moving in range bound mode since the week’s start. Index was seen
negative in first half of the trading session later the mixed movement was
seen. Few private players as well as PSU players among the banks lost the
numbers and later gained for the day. Next 26000 can be seen as major
resistance for the index.
Nifty Trends
|
|
R1
|
10410
|
R2
|
10540
|
S1
|
10250
|
S2
|
10100
|
Technical Outlook
Top Gainers
|
|
INFY
|
991.15
|
RELIANCE
|
949.70
|
SUNPHARMA
|
546.00
|
YESBANK
|
315.40
|
Top Losers
|
|
DRREDDY
|
2,309.00
|
ADANIPORTS
|
406.50
|
IBULHSGFIN
|
1,159.00
|
BAJAJ-AUTO
|
3,271.00
|
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