Daily Nifty News Letter

Outlook Of Nifty/bank nifty today Nifty:   Nifty Outlook After gap up opening Nifty traded in a narrow range before witnessing heavy selling pressure in the final hour of trading session led by PSU Bank after fraud detected in PNB Bank. All sector closed in red territory except Realty index. Nifty Future closed below 10500 mark which further indicates selling pressure in next trading session for now 10430 will act as an immediate support if able to break this support and sustain below it than it may drag till 10300 mark. Bank Nifty:   Bank Nifty Outlook Bank Nifty closed lower on sharp fall in PSU banks as fraud detected in PNB Bank, as well as the new NPA rules stipulated by the RBI, weighed in on Bank Nifty. Bank Nifty had given breakouts of its immediate support i.e. of 25355 and closed near around it, for now 25000 will act as an immediate support while on higher side 25830 seen as resistance. Nifty Trends    R1 10650 R2 10750 S1 10430 S2 10300 Technical Outlook Top Gainers TECHM 608.50 IBULHSGFIN 1,341.00 ADANIPORTS 410.60 BHARTIARTL 431.50 Top Losers YESBANK 319.35 SBIN 275.50 AXISBANK 541.80 ONGC 184.55 To Get Free Trial on stock market tips,nifty trading tips give Missed call @8817002233,WHATSAPP NO. 8602780449 Mail Us = starindiamarket@gmail.com visit = https://www.starindiaresearch.com/nifty-bank-nifty-tips.php