Wednesday 21 February 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 moved on a bit positive note and later slipped down. Nifty-50 futures moved in the range and close below 10050 level. Similar pattern was seen in Midcap stocks and also same was for small cap counters too. For coming session market 10200 is considered to be a strong support.

Bank Nifty: 

Bank Nifty Outlook

Bank Nifty Index saw a volatile movement for the day. Index taking a flat opening, took a fall in later hours of  the day. From last three consecutive days fall was seen.  Few Private players as well as PSU bank players were seen dragging and losing numbers. Next 24700 will act as strong support for the index for coming trading sessions.

Nifty Trends
   R1
10600
R2
10710
S1
10250
S2
10010


Technical Outlook


Top Gainers
AMBUJACEM
265.70
VEDL
329.00
COALINDIA
311.00
INFRATEL
334.45

Top Losers
M&M
709.00
AXISBANK
530.70
KOTAKBANK
1,041.75
AUROPHARMA
574.00

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1 comment:

  1. This blog always has very transparent analysis of market trends, Thanks for sharing
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    ReplyDelete