News Letter NIFTY | BANK NIFTY


Nifty

Nifty traded on positive note today. Index added numbers and gained for the day. Nifty-50 futures traded around 10450 level, Midcap and small-cap counters gained and moved positive for the day. Following the global cues, index was positive. Hindalco, ONGC added gains and were seen positive for the stocks. In further trading session 10550 can be market resistance for index.

Bank Nifty


Bank Nifty Index saw a positive note for today and though traded in same range , bulls dominated for the day. Private players performed marginally well for the day, traded positive and gained for the day. PSU also traded positive and gained few numbers for the day. Next, 25800 can be seen as major resistance for the index.



Nifty Trends
   R1
10550
R2
10650
S1
10250
S2
10100S



Technical Outlook


Top Gainers
HINDALCO
258.20
ONGC
187.90
HINDUNILVR
1,367.15
HEROMOTOCO
3,747.30

Top Losers
EICHERMOT
30,199.00
DRREDDY
2,360.00
BHARTIARTL
528.60
M&M
1,534.20

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