Friday 5 January 2018

Daily Nifty News Letter


Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty traded on positive note today. Index added positive numbers. Nifty-50 futures traded around 10500 level, Midcap and small-cap counters gained and moved positive for the day. Following the global cues, index was positive. Metal added big gains and were seen positive for the stocks. In further trading session 10610 can be market resistance for index.

Bank Nifty:  

Bank Nifty Outlook

Bank Nifty Index saw a positive note for today and traded around the highs, bulls dominated for the day. Private players performed well for the day, traded positive and gained for the day. PSU also traded positive and gained few numbers for the day. Next, 25600 can be seen as major resistance for the index.

Nifty Trends
   R1
10610
R2
10720
S1
10400
S2
10310


Technical Outlook

Top Gainers
TATASTEEL
763.45
DRREDDY
2,414.80
LT
1,313.30
ASIANPAINT
1,175.30

Top Losers
TATAMOTORS
430.00
EICHERMOT
28,614.00
BPCL
491.50
INFY
1,015.00

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