Thursday 11 January 2018

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 positive opening later took a fall and further slipped to the lower levels. Index manage to close below 10,600 level. Nifty-50 futures slipped and bears dominated the day, We may see Nifty witnessing resistance around 10710 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 25800 can be seen as major resistance for the index.

Nifty Trends
   R1
10700
R2
10850
S1
10550
S2
10450


Technical Outlook

Top Gainers
TCS
2,803.00
WIPRO
326.40
HCLTECH
915.90
TECHM
542.60

Top Losers
UPL
778.15
EICHERMOT
28,150.00
NTPC
174.25
DRREDDY
2,427.10

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