Tuesday 19 September 2017

Daily Nifty News Letter

  
Outlook Of Nifty/bank nifty today

Nifty Outlook:  

Nifty traded on positive note today. Strong rally was seen for the day and index touched the record high. Nifty-50 futures gained 50 points and touched  10188 level. Bulls dominated the days. Midcap and small-cap counters gained and moved positive for the day and also outperformed. In further trading session 10200 can be market resistance for index.

Bank Nifty Outlook: 
  
Bank Nifty Index saw a positive rally and almost a movement of 200 points held the bull’s head high for the day. Private players in the sector remained positive, IndusInd Bank , Kotak Mahindra Bank pulled up and traded positive for the day, IndusInd managed to be in to gainers, also few PSU players performed well. Next 25300 can be seen as major resistance for the index.

Nifty Trends
   R1
10250
R2
10380
S1
10050
S2
9950




Technical Outlook


Top Gainers
INFRATEL
391.00
BAJAJ-AUTO
3,138.00
IBULHSGFIN
1,305.00
HINDUNILVR
1,282.00
INDUSINDBK
1,743.00

Top Losers
TATASTEEL
671.55
ONGC
165.25
TATAPOWER
83.60
AMBUJACEM
282.30
ITC
267.40


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