Tuesday 5 December 2017

Daily Nifty News Letter


Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty traded on negative note today. Index lost numbers in today’s trading session.  Nifty  took a gap up opening later took a fall and further slipped to the lower levels. Index closed below 10,10 level. Nifty-50 futures slipped and bears dominated the day, We may see Nifty witnessing resistance around 10010 – 9950 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 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 slipped and lost the numbers for the day. Next 25010 can be seen as major resistance for the index.

Nifty Trends
   R1
10250
R2
10310
S1
10010
S2
9950


Technical Outlook

Top Gainers
IBULHSGFIN
1,182.40
INFY
984.40
HCLTECH
848.90
GAIL
464.20

Top Losers
INFRATEL
375.90
UPL
712.45
COALINDIA
265.90
BAJFINANCE
1,675.80
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