Outlook Of Nifty/bank nifty today
Nifty:
Nifty Outlook
Nifty traded on high volatile note for
today. In morning session nifty gained numbers but in later half was seen
loosing. Nifty-50 futures moved in the range and close above 10450 level.
Similar pattern was seen in Midcap stocks and also same was for small cap
counters too. For coming session market 10350 is considered to be a strong
support.
Bank Nifty:
Bank Nifty Outlook
Bank Nifty Index saw
a volatile movement for the day. Index rose and was seen trading positive
in morning hours, later negative numbers were seen for the day. Taking a
flat opening rose and managed to sustain above 25400. Few Private players gained marginally for
the day, while PSU bank players were seen dragging. Next 252500 will act as
strong support for the index for coming trading sessions.
Technical Outlook
Missed call
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Thursday, 4 January 2018
Daily Nifty News Letter
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