Outlook Of Nifty/bank nifty today
Nifty:
Nifty Outlook
Nifty traded on mixed note today.
Index lost numbers in first half of trading session, later gained the
numbers in second half. Index
managed to close above 10,650 level. Nifty-50 futures closed and traded
sideways, We may see Nifty witnessing resistance around 10710 – 10850
level. Midcap and small cap index too also lost and witnessed the mixed
numbers.
Bank Nifty:
Bank Nifty Outlook
Bank Nifty Index saw
a mixed movement and lost the numbers in today’s first half trading
session, later positive movement i.e. upside movement was witnessed. Index
was seen loosing and bears gaining control but managed to sustain above
25650. Few PSU players in the sector as well as private banks traded on
mixed the numbers for the day. Next 25800 can be seen as major resistance
for the index.
Technical Outlook
Missed call
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Wednesday, 10 January 2018
Daily Nifty News Letter
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