Outlook Of Nifty/bank nifty today
Nifty:
Nifty Outlook
Nifty slipped down today, selling
pressure was witnessed in the index stocks. Fall of around 100 points was
seen in the market. Budget session was one of the reason, which kept the
traders cautious . Midcap counters also slipped for the day. Again for
further session nifty is expected to trade in range and 10800 can be seen
as major resistance for the index.
Bank Nifty:
Bank Nifty Outlook
Bank Nifty Index
traded on negative note for today.
Fall of around 500 points was seen in the Index. On rebalancing of
Nifty 50 Index, PSU players as well as private players were lost for the
day and traded weak for the today’s session. Budget session kept the market
worried and so affected the sentiments. For coming sessions index would
trade in range and next 27000 can be seen as major support for the index.
Technical Outlook
Missed call
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Friday, 2 February 2018
Daily Nifty News Letter
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