Outlook Of Nifty/bank nifty today
Nifty:
Nifty
Outlook
Nifty
traded on positive note today but was not able to hold gains for the day.
Index gained in first half trading session but lost the numbers in later
half. Nifty-50 futures touched month’s high level i.e. 10144.70, Midcap and
small-cap counters gained and moved positive for the day, later lost few
gains. Reliance added gains and were seen positive for the stocks. In
further trading session 10200 can be market resistance for index.
Bank Nifty:
Bank
Nifty Outlook
Bank Nifty Index saw
a positive note for today but erased all the gains in later half of the
day, Index was not able to sustain above 24900. PSU players performed well
for the day, as compared with the private players for the day. Bank of
Baroda gained most and managed to be in market gainers for the day. Next,
25000 can be seen as major resistance for the index.
Technical Outlook
Missed
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Thursday, 14 September 2017
Daily Nifty News Letter
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