Daily Nifty News Letter

Outlook Of Nifty/bank nifty today Nifty:   Nifty Outlook Nifty traded on positive note today, with gap-up opening from Friday’s close. In between of geo-political tensions, easing was seen in Index today and overall posted small gains. The Fibonacci ratio of 61.8% i.e.9700 level acted as good support in hourly chart for Index. Midcap and small-cap counters also posted gains for the day. Grasim and Tata power showed a good rally of 4-5 percent, on better than expected results. Bank Nifty:   Bank Nifty Outlook  Bank Nifty gave a gap up opening for the day and managed to close on positive note. Major player in PSU banks, SBI traded almost 1% percent down, seeing to it its weak results. Private players in the segment posted gains, while PSU’s struggled. Bank of Baroda fell 0.25% as seen on the chart. Further Index eased today and managed with a positive closing, still geopolitical fears keeping the gains small. Nifty Trends    R1 9880 R2 9983 S1 9700 S2 9610 Technical Outlook Nifty Day Performance    Open 9,778.25 High 9,837.80 Low 9,776.70 Close 9815.60 Top Gainers CIPLA 569.50 SUNPHARMA 471.90 TATASTEEL 624.00 TATAPOWER 79.65 Top Losers BOSCHLTD 22,195.00 BHARTIARTL 409.50 HCLTECH 862.00 BPCL 478.80 To Get Free Trial on stock market tips,equity trading tips give Missed call @8817002233,WHATSAPP NO. 8602780449 Mail Us = starindiamarket@gmail.com visit = https://www.starindiaresearch.com/nifty-bank-nifty-tips.php