Wednesday 13 September 2017

Daily Nifty News Letter



Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty traded on positive note today. Index surged up and added gains for the day. Nifty-50 futures touched 101000 level, Midcap and small-cap counters gained and moved positive for the day. Following the global ques, index was positive. Tatasteel, Tatamtrdvr added gains and were seen positive for the stocks. In further trading session 10150 can be market resistance for index.

Bank Nifty:  

Bank Nifty Outlook

Bank Nifty Index saw a positive note for today and gained almost 150 points for the day, while the bulls dominated for the day. Private players performed well for the day, HDFC bank traded positive and for the day, among PSU bank Bank of Baroda gained for the day. Next, 25000 can be seen as major resistance for the index.

Nifty Trends
   R1
10150
R2
10250
S1
9980
S2
9850



Technical Outlook

Top Gainers
BPCL
534.60
GAIL
410.00
TATAMOTORS
388.55
BANKBARODA
142.20


Top Losers
INDUSINDBK
1,740.00
WIPRO
297.95
HEROMOTOCO
3,913.80
ONGC
162.05


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