Friday 16 February 2018

Daily Nifty News Letter


Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty traded on mixed yet negative note today. Index lost numbers in today’s trading session, and  Nifty trading below 10,650 level. Nifty-50 futures slipped and bulls seemed to loose control, We may see Nifty witnessing resistance around 10650 – 10770 level. Midcap and small cap index too also lost and witnessed the negative numbers.

Bank Nifty:  

Bank Nifty Outlook

Bank Nifty Index saw a negative movement and lost the numbers in today’s trading session. Index was seen loosing and Bears gained control for today’s trading session. Few PSU players in the sector as well as few private banks lost the gain for the day. Next 25850 can be seen as major resistance for the index.

Nifty Trends
   R1
10650
R2
10770
S1
10350
S2
10150


Technical Outlook

Top Gainers
BPCL
475.65
HINDALCO
251.40
ICICIBANK
328.75
VEDL
324.20

Top Losers
IBULHSGFIN
1,311.75
AUROPHARMA
592.00
CIPLA
606.05
BHARTIARTL
428.70

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