Outlook Of Nifty/bank nifty today
Nifty:
Nifty Outlook
Nifty traded on positive note today.
Index surged up and made a record high for the day. Nifty-50 futures
touched 10800 level, new high. Midcap and small-cap counters gained and
moved positive for the day. Following the global cues, index was positive.
Pharma companies added gains and were seen positive for the day. In further
trading session 10910 can be market resistance for index.
Bank Nifty:
Bank Nifty Outlook
Bank Nifty Index saw
a positive note for today and gained around 400 points for the day, while
the bulls dominated for the day. Private and PSU players performed well for
the day and were seen gaining marginally, ICICI Bank traded positive and
gained for the day. Next, 26500 can be seen as major resistance for the
index.
Technical Outlook
Missed call
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Thursday, 18 January 2018
Daily Nifty News Letter
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