Outlook Of Nifty/bank nifty today
Nifty:
Nifty Outlook
Nifty
traded on positive note today. Index gained strength in afternoon, with the
Nifty trading above 10,150 level, backed by Reliance Industries and ICICI
Bank. Nifty-50 futures ended higher and managed to close above 10150 level,
We may see Nifty witnessing resistance around 10250 – 10310 level.
Currently, Stock-specific approach will be more positive to trade on.
Bank Nifty:
Bank Nifty Outlook
Bank Nifty Index saw
a positive rally and ended around the record high. Index was trading 46
points lower and later gained the movement in afternoon. Bulls were seen dominating the day in
later half. Major PSU players in the sector remained positive, while
private players were seen on the same note. Next 24500 can be seen as major
resistance for the index.
Technical Outlook
Missed call
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Tuesday, 24 October 2017
Daily Nifty News Letter
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