Friday 15 December 2017

Daily Nifty News Letter


Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty traded on high volatile note for today. In morning session nifty lost numbers but in later half was seen gaining. Nifty-50 futures moved in the range and close above 10250 level. Oil stocks gained the most for the day. Small gains were seen in Midcap stocks and also same was for small cap counters too. For coming session market 10150 is considered to be a strong support.

Bank Nifty:  

Bank Nifty Outlook

Bank Nifty Index saw a volatile movement for the day. Morning hours lost numbers, later positive numbers for the day. Few Private players and PSU bank players gained marginally for the day. Next 24950 will act as strong resistance for the index for coming trading sessions.


Nifty Trends
   R1
10350
R2
10500
S1
10150
S2
10010

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