Outlook of Nifty Bank Nifty
Nifty
Nifty traded on mixed note today. Index
lost numbers in first half of trading session, later gained the numbers in
second half. Index managed to close
above 10,650 level. Nifty-50 futures closed and traded sideways, We may see
Nifty witnessing resistance around 10710 – 10850 level. Midcap and small cap
index too also lost and witnessed the mixed numbers.
Bank Nifty
Bank Nifty Index saw a mixed movement and
lost the numbers in today’s first half trading session, later positive movement
i.e. upside movement was witnessed. Index was seen loosing and bears gaining
control but managed to sustain above 25650. Few PSU players in the sector as
well as private banks traded on mixed the numbers for the day. Next 25800 can
be seen as major resistance for the index.
Nifty Trends
|
|
R1
|
10710
|
R2
|
10850
|
S1
|
10580
|
S2
|
10450
|
Technical Outlook
Top Gainers
|
|
COALINDIA
|
304.00
|
YESBANK
|
341.50
|
ITC
|
270.25
|
WIPRO
|
315.30
|
Top Losers
|
|
ZEEL
|
580.70
|
EICHERMOT
|
28,611.80
|
INFRATEL
|
368.45
|
HINDALCO
|
272.10
|
Comments
Post a Comment