Outlook Of Nifty/bank nifty today
Nifty:
Nifty Outlook
Nifty
traded on positive note today. Index gained strength though not able to to
sustain at 10450 levels, with the Nifty trading above 10,472 level, backed
by positive sentiments of stocks. Nifty-50 futures ended positive on
bullish sentiments among traders, We may see Nifty witnessing resistance
around 10510 – 10670 level. Midcap and small cap index too traded on
positive sentiments.
Bank Nifty:
Bank Nifty Outlook
Bank Nifty Index saw
a positive rally and though a correction mode was also observed in the
market. Index opened on positive note and also traded overall positive for
the day. Bulls were seen dominating
the day for the Index. Few PSU players in the sector as well as private
banks gained for the day. Next 25650 can be seen as major resistance for
the index.
Technical Outlook
Missed call
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Friday, 3 November 2017
Daily Nifty News Letter
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