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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बाजार की तेज शुरुआत, सेंसेक्स 113 अंक बढ़ा, निफ्टी 10200 के पार खुला