Wednesday 27 September 2017

Daily Nifty News Letter


Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty moved on negative note for today. Index slipped for 6th consecutive day and closed around 9850. Geopolitical concerns raised fears in the traders, which moved the sentiments negative although a slight correction was observed in last trading hours. Midcap and small-cap counters moved volatile for the day. For next trading session 9725 can be market support for index.

Bank Nifty:  

Bank Nifty Outlook

Bank Nifty Index saw a negative movement, lost the gain of earlier trading sessions. Index traded volatile and moved around the lower levels. PSU players as well as private players lost the gains for the day and a volatile movement was observed in the stock. Global and domestic cues affected the market and kept the sentiment negative. Next 23800 can be seen as major support for the index.

Nifty Trends
   R1
10000
R2
10200
S1
9725
S2
9600


Technical Outlook

Top Gainers
VEDL
317.65
ONGC
170.30
IBULHSGFIN
1,239.50
TATASTEEL
655.00


Top Losers
BPCL
468.50
INFRATEL
376.40
TATAPOWER
79.85
HINDUNILVR
1,217.00

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