Wednesday 14 February 2018

Daily Nifty News Letter


Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty recouped some of previous day's losses and ends near day high marking a strong start on the very first day of the week. The rally was led by heavyweights, Realty, Auto stocks. All index closed in green zone except IT index as it ended lower by -0.56 percent.  Nifty is looking strong for the next trading session for now 10650 is will act as a resistance while on lower side 10300 seen as immediate support.

Bank Nifty:  

Bank Nifty Outlook

Bank Nifty too closed near day's high, PSU Bank Index ends on negative note led by SBIN as stock closed in red zone. While Private bank Index end in green territory ahead of IIP and CPI number which come later in a day.

Nifty Trends
   R1
10650
R2
10765
S1
10300
S2
10150


Technical Outlook

Top Gainers
TATASTEEL
713.70
AUROPHARMA
607.00
UPL
728.55
YESBANK
334.70

Top Losers
HCLTECH
940.00
SBIN
290.10
BPCL
466.50
INFRATEL
337.15


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