Daily Nifty News Letter

Outlook Of Nifty/bank nifty today Nifty:   Nifty Outlook Nifty traded on positive note today. Strong rally was seen for the day after the correction seen in last few trading sessions. Nifty-50 futures gained 100 points and managed to close around 9900 level. Metro rail policy approval by cabinet added reason for the pull back in the index. Movement just can’t be seen in isolation; correction recently was supported by higher volume, so still it would be tough for bull to cross 10135, as again the major support now can be seen as 9700. Bank Nifty:   Bank Nifty Outlook  Bank Nifty Index saw a positive rally and almost a movement of 400 points held the bull’s head high for the day. Major PSU players in the sector remained positive, Bank of Baroda pulling up from lower level gained around 3% for the day managed to be in to gainers, also PNB gained almost 3%. Further private players too performed well. Next 24700 can be seen as major resistance for the index. Nifty Trends    R1 9880 R2 10135 S1 9700 S2 9610 Technical Outlook Nifty Day Performance    Open 9,829.40 High 9,910.00 Low 9,778.20 Close 9904.95 Top Gainers TECHM 420.00 CIPLA 591.50 TATAMOTORS 388.90 BANKBARODA 146.95 Top Losers POWERGRID 219.80 ASIANPAINT 1,140.00 YESBANK 1,760.95 NTPC 170.15 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