Outlook Of Nifty/bank nifty today
Nifty:
Nifty Outlook
Nifty traded on positive note today.
Index gained strength in first half of the trading session later the
correction was seen, with the Nifty trading above 10,500 level, backed by
positive sentiments of stocks. Nifty-50 futures ended mixed yet on bullish
sentiments among traders, We may see Nifty witnessing resistance around
10610 – 10740 level. Midcap and small cap index too traded on positive
sentiments.
Bank Nifty:
Bank Nifty Outlook
Bank Nifty Index saw
a positive rally and and touched a new high in today’s trading session.
Index was seen positive in first half of the trading session later the
correction was seen. 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 25750 can be seen as major
resistance for the index.
Technical Outlook
Missed call
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Tuesday, 7 November 2017
Daily Nifty News Letter
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