Nifty:
Nifty
Outlook
Nifty
traded on sideways today. Bear dominated the market in last minute trading
session for the day . Nifty-50 futures moved in the range and managed to
trade above 9900 level. Pull back in Coal India was seen from the lower
level and gained almost 5-percent for the day. Cipla, Kotak Mahindra lost
the most for the day. For coming session again Bulls will have a struggle
for further upward movement.
Bank Nifty:
Bank
Nifty Outlook
Bank
Nifty Index saw a sideways movement for the day. Morning hours strengthened
the bull and was trading positive, in later hour fall was seen in the
index. PSU players lead the recovery and PSU Index was down by half
percent. Next 24700 will act as strong resistance for the index for coming
trading sessions.
Technical Outlook
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Friday, 18 August 2017
Daily Nifty News Letter
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