Monday 6 November 2017

Daily Bank Nifty News Letter


Today Outlook Of Bank Nifty

Bank Nifty:  

Bank Nifty Outlook

Bank Nifty continued to outperform the broader indices led by PNB which jumped close to 5 percent after better than expected Q2 numbers while Bank of India, IndusInd Bank were the other gainers. State Bank of India was up 1.69 percent while HDFC Bank was up 0.76 percent. Most of the bank stocks, including YES Bank and IndusInd Bank were trading in the green in Friday's trade, keeping the Nifty Bank index up


Bank Nifty Trends
   R1
25695
R2
25863
S1
25171
S2
24948


Technical Outlook

Bank Nifty Friday Losers
PNB
207.80
5.24%
SBIN
325.00
3.39%
INDUSINDBK
1674.50
2.89%


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