Outlook Of Nifty/bank nifty today
Nifty:
Nifty Outlook
Nifty traded on high volatile note for
today. In morning session nifty took a gap down opening and gained numbers
in later half. Nifty-50 futures moved in the range and close above 10500
level. Similar pattern was seen in Midcap stocks and also same was for
small cap counters too. For coming session market 10700 is considered to be
a strong resistance.
Bank Nifty:
Bank Nifty Outlook
Bank Nifty Index saw
a volatile movement for the day. Index taking a gap down opening, rose and
was seen trading positive in later hours of
the day. Pull back was seen and managed to sustain above 25800. Few Private players gained marginally for
the day, while PSU bank players were seen dragging. Next 26400 will act as
strong resistance for the index for coming trading sessions.
Technical Outlook
Missed call
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Wednesday, 7 February 2018
Daily Nifty News Letter
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