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 took a
gap up opening and touched a new level of 10873 level, new high. Midcap and
small-cap counters gained and moved positive for the day and later profit
booking seen. Metal companies lost numbers and were seen negative 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 500 points for the day, while
the bulls dominated for the day. Private and PSU players performed well for
the day and were seen gaining initially later profit booking was seen, HDFC
Bank traded positive and gained for the day. Next, 26900 can be seen as
major resistance for the index.
Technical Outlook
Missed call
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Friday, 19 January 2018
Daily Nifty News Letter
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