Outlook Of Nifty/bank nifty today
Nifty:
Nifty Outlook
Nifty traded on sideways note yet very
volatile today. Index moved choppy
for the day and traded in a small range of 80-100 points for the day,
stocks also traded in the range for the day. Nifty-50 futures traded negative
in first half and later gained the numbers, We may see Nifty witnessing
resistance around 10410 – 10540 level. Midcap and small cap index too
traded on mixed note.
Bank Nifty:
Bank Nifty Outlook
Bank Nifty Index
traded on sideways note yet and sustained above 25600. Index moving in
range bound mode since the week’s start. Index was seen negative in first
half of the trading session later the mixed movement was seen. Few private
players as well as PSU players among the banks lost the numbers and later
gained for the day. Next 26000 can be seen as major resistance for the
index.
Technical Outlook
Missed call
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Friday, 24 November 2017
Daily Nifty News Letter
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