Tuesday 20 February 2018

Daily Nifty News Letter


Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty traded on negative note today. Index lost numbers in today’s trading session.  Nifty  took a gap up opening later took a fall and sustained around the lower levels. Index closed below 10,500 level. Nifty-50 futures slipped and bears dominated the day, We may see Nifty witnessing support around 10250 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 private banks slipped and lost the numbers for the day. Next 24700 can be seen as major resistance for the index.

Nifty Trends
   R1
10650
R2
10810
S1
10250
S2
10101


Technical Outlook

Top Gainers
INFRATEL
331.85
YESBANK
314.35
RELIANCE
928.30
COALINDIA
305.80

Top Losers
TATASTEEL
649.00
DRREDDY
2,155.00
BAJAJ-AUTO
3,026.30
LT
1,295.55

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