Outlook of Nifty & Bank Nifty Today
Daily Chart:
Nifty Outlook:-
Nifty
began the day on a higher note as advanced its gains to over 10,750 mark. But
bulls could not get the momentum going further and the bears soon took over in
the afternoon. Indices turned red in the afternoon trade before a battle
between bears and bulls ensured that the indices ended flat.
Nifty Future Support-Resistance
|
|
R1/R2
|
10800/10950
|
S1/S2
|
10640/10500
|
Daily Chart:
Bank Nifty Outlook:-
Bank
Nifty trades higher for the second consecutive day and ends the day with Doji
candle on daily charts. ICICI Bank stole the limelight as the stock gained over
8 percent intraday and closed 7 percent higher. The bank, as such, reported 50
percent drop in its net profit for the March quarter.
Bank Nifty
Future Support-Resistance
|
|
R1/R2
|
26300/27000
|
S1/S2
|
25500/25000
|
Technical
Outlook
Top Gainers
|
|
ICICIBANK
|
308.5
|
HINDPETRO
|
305.55
|
EICHERMOT
|
30,400.00
|
BPCL
|
393
|
Top Losers
|
|
M&M
|
865.25
|
LT
|
1,364.90
|
INFY
|
1,167.50
|
ZEEL
|
592.8
|
Missed call
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