Tuesday 20 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 sustained around the lower levels. Index closed above 10,150 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
10250
R2
10410
S1
10050
S2
9900

Technical Outlook

Top Gainers
NTPC
166.85
POWERGRID
194.40
MARUTI
8,768.75
HINDUNILVR
1,312.00

Top Losers
HCLTECH
923.00
TATASTEEL
574.00
BHARTIARTL
399.55
TECHM
609.70

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