Thursday 1 March 2018

Daily Nifty News Letter

Outlook Of Nifty/bank nifty today


Nifty:  

Nifty Outlook

Nifty traded on high volatile note for today. In morning session nifty took a gap down opening and gained the numbers in later half. Nifty-50 futures moved in the range and close above 10500 level. Similar pattern was seen in Midcap stocks and also same was for small cap counters too. For coming session market 10650 is considered to be a strong resistance.



Bank Nifty:  

Bank Nifty Outlook

Bank Nifty Index saw a volatile movement for the day. Index taking a gap down opening, took a fall and was seen trading positive in later hours of  the day. Though fall was seen and managed to sustain above 25000.  Few Private players gained marginally for the day, while PSU bank players were seen dragging. Next 25600 will act as strong resistance for the index for coming trading sessions.

Nifty Trends
   R1
10600
R2
10810
S1
10400
S2
10210



Technical Outlook


Top Gainers
INFY
1,169.85
UPL
728.70
EICHERMOT
27,420.00
HINDPETRO
380.50

Top Losers
VEDL
330.00
ICICIBANK
314.00
HINDUNILVR
1,314.45
IBULHSGFIN
1,250.35

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