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 level of 11185. Midcap and small-cap counters
gained and moved positive for the day and later consolidation seen. IT
companies gained numbers and were seen positive for the day. In further
trading session 11550 can be market resistance for index.
Bank Nifty:
Bank Nifty Outlook
Bank Nifty Index saw
a positive note for today and gained around 250 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,
Kotak Bank traded positive and gained for the day. Next, 27800 can be seen
as major resistance for the index.
Technical Outlook
Missed call
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Tuesday, 30 January 2018
Daily Nifty News Letter
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