Thursday 7 September 2017

Daily Nifty News Letter


Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty traded on sideways today. Market reversed the week’s gain in today’s trading session. Nifty-50 futures moved in the range and traded below 9950 level., Kotak Mahindra gained the most for the day. Gain in Midcap stocks were seen and also same was for small cap counters. For coming session market is still looking forward to the global ques.

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 half also market traded positive. Private players HDFC, Kotak Mahindra performed well and gained the momentum for the day, while PSU bank were seen weak. Next 24500 will act as strong resistance for the index for coming trading sessions.


Nifty Trends
   R1
10000
R2
10150
S1
9850
S2
9750


Technical Outlook

Top Gainers
IBULHSGFIN
1,265.00
HINDALCO
246.00
COALINDIA
257.10
ULTRACEMCO
4,150.00

Top Losers
SUNPHARMA
474.10
BOSCHLTD
21,505.05
ITC
275.60
LUPIN
970.00


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