Wednesday 13 December 2017

Daily Nifty/Bank 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 down opening later took a fall and further slipped to the lower levels. Index closed below 10,280 level. Nifty-50 futures slipped and bears dominated the day, We may see Nifty witnessing resistance around 10350 – 10410 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
10350
R2
10410
S1
10110
S2
10100


Technical Outlook


Top Gainers
DRREDDY
2,255.00
ONGC
183.85
ADANIPORTS
401.05
GAIL
492.00

Top Losers
HINDPETRO
414.40
INFRATEL
355.95
BPCL
498.65
COALINDIA
263.40

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