Tuesday 9 January 2018

Daily Nifty News Letter


Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty traded on positive note today. Index surged up and added gains for the day. Nifty-50 futures touched 10639 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 10710 can be market resistance for index.

Bank Nifty:  

Bank Nifty Outlook

Bank Nifty Index saw a positive note for today and gained almost 150 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, IDFC Bank traded positive and gained for the day. Next, 25800 can be seen as major resistance for the index.

Nifty Trends
   R1
10710
R2
106850
S1
10550
S2
10451


Technical Outlook

Top Gainers
COALINDIA
287.55
LUPIN
922.50
INFY
1,035.20
SUNPHARMA
591.50


Top Losers
BHARTIARTL
516.00
ONGC
197.05
HCLTECH
896.15
TATASTEEL
768.25
.

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