Outlook Of Nifty/bank nifty today
Nifty:
Nifty
Outlook:
The Nifty,
which opened higher from its previous close of 9,663.90 failed to keep the
momentum going as the index closed just below its crucial psychological
support level of 9,650 on Thursday and made a small bearish candle on
charts. A 'small bearish' candle is formed when the index trades lower, but
within a defined range, throughout the session. The length of the candle
signifies the range for the day and the closing level is below the opening
level.
Bank Nifty:
Bank
Nifty Outlook:
Markets in
Europe were mixed as voting for general election was underway across the UK
and ahead of European Central Bank monetary policy review due later today.
France's CAC and Germany's DAX were up nearly half a percent while
Britain's FTSE was lower at the time of writing this article. Asia ended
mostly higher, with China's Shanghai and Hong Kong's Hang Seng up 0.34
percent each.
Technical Outlook
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Friday, 9 June 2017
Today's Update on Bank Nifty Outlook
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