Tuesday 12 December 2017

Daily Nifty/Bank Nifty News Letter


Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty traded on positive note today. Index gained strength in today’s trading session, with the Nifty trading above 10,320 level, backed by positive sentiments of stocks. Nifty-50 futures ended bullish sentiments among traders, We may see Nifty witnessing resistance around 10410 – 10600 level. Midcap and small cap index too traded on positive sentiments.

Bank Nifty:  

Bank Nifty Outlook

Bank Nifty Index saw a positive rally and in today’s trading session Morning hours strengthened the closed positive for the day.  Bulls were seen dominating the day for the Index. Few PSU players in the sector as well as private banks gained marginally for the day. Next 25650 can be seen as major resistance for the index.


Nifty Trends
   R1
10410
R2
10600
S1
10250
S2
10150


Technical Outlook


Top Gainers
AUROPHARMA
690.90
TCS
2,670.00
UPL
746.00
M&M
1,417.85

Top Losers
INFRATEL
368.10
NTPC
177.70
ASIANPAINT
1,127.50
YESBANK
310.90


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