Thursday 8 March 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 down opening later took a fall and further slipped to the lower levels. Index closed below 10,200 level. Nifty-50 futures slipped and bears dominated the day, We may see Nifty witnessing support around 10050 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 24000 can be seen as major resistance for the index.

Nifty Trends
   R1
10350
R2
10500
S1
10050
S2
9900


Technical Outlook

Top Gainers
HCLTECH
950.00
ITC
259.75
ZEEL
564.90
MARUTI
8,695.00

Top Losers
ADANIPORTS
379.10
SBIN
246.70
IBULHSGFIN
1,197.00
BHARTIARTL
402.95


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