Friday 23 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 flat opening later took a fall and further slipped to the lower levels. Index closed below 10,150 level. Nifty-50 futures slipped and bears dominated the day, We may see Nifty witnessing support around 10000 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
10450
S1
10000
S2
9900




Technical Outlook


Top Gainers
ONGC
179.10
VEDL
290.85
INDUSINDBK
1,754.75
TATAMOTORS
338.05

Top Losers
BPCL
414.00
HINDPETRO
342.55
SBIN
241.50
WIPRO
287.80


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