Outlook Of Nifty/bank nifty today
Nifty:
Nifty Outlook
Nifty
traded on positive note today. Strong rally was seen for the day, markets
continuing to outperform. Nifty-50 futures ended higher and managed to
close above 10200 level, Midcaps had a day of underperformance against the
frontline indices, while infra, auto and metals gained on the sectoral
front . The major resistance now can be seen as 10300.
Bank Nifty:
Bank Nifty Outlook
Bank Nifty Index saw
a positive rally and ended around the record high. Bulls were seen
dominating the day Major private players in the sector remained positive,
while PSU players were seen loosing few numbers. SBI was seen on losing
end. Next 25000 can be seen as major resistance for the index.
Technical Outlook
Missed call
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Wednesday, 18 October 2017
Daily Nifty News Letter
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