Wednesday 30 May 2018

Daily Equity Report


Outlook of Nifty & Bank Nifty Today



Nifty Outlook:-
Nifty50 witnessed selling pressure and it formed a bearish candle on the daily charts after strong gains witnessed in the preceding three sessions, owing to which market registered a bearish candle which engulfed Monday’s bullish candle body selling pressure could be seen in coming session.


Nifty Future Support-Resistance
R1/R2
10710/18020
S1/S2
10590/10500

Daily Chart:




Bank Nifty Outlook:-
Bank Nifty yesterday formed three white soldiers pattern formation which represents the reversal and today profit booking on the bourses. Being expiry week, large swings can be expected on either side; hence, traders are advised to trade with caution.

Bank Nifty Future Support-Resistance
R1/R2
26640/26930
S1/S2
26140/25950












Daily Chart:


Technical Outlook

Top Gainers
M&M
874.95
GAIL
343.6
HCLTECH
909
BHARTIARTL
381.1









Top Losers
ICICIBANK
289.95
SBIN
263.65
BAJAJFINSV
5,868.00
ZEEL
560.05

To Get Free Trial on stock cash tips, equity market tips give
Missed call @8817002233,WHATSAPP NO. 8602780449
Mail Us = starindiamarket@gmail.com

No comments:

Post a Comment