Thursday 9 November 2017

Daily Nifty News Letter


Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty traded on mixed yet negative note today. Index lost numbers in today’s trading session, and  Nifty trading below 10,400 level. Nifty-50 futures slipped and bulls seemed to loose control, We may see Nifty witnessing resistance around 10450 – 10570 level. Midcap and small cap index too also lost and witnessed the negative numbers.

Bank Nifty:  

Bank Nifty Outlook

Bank Nifty Index saw a negative movement and and lost the numbers in today’s trading session. Index was seen loosing and Bears gained control for today’s trading session. Few PSU players in the sector as well as private banks lost the gain for the day. Next 25750 can be seen as major resistance for the index.

Nifty Trends
   R1
10450
R2
10570
S1
10300
S2
10150


Technical Outlook


Top Gainers
TECHM
490.00
AXISBANK
547.75
ASIANPAINT
1,168.00
CIPLA
621.00

Top Losers
VEDL
323.45
BHARTIARTL
496.30
TATAMOTORS
440.50
LUPIN
839.50


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