Tuesday 27 March 2018

Daily Nifty News Letter

Outlook Of Nifty/bank nifty today


Nifty:  

Nifty Outlook

Nifty traded on positive note today. Today’s session added positive numbers to the index. Nifty-50 futures managed to close above 10k level, Midcap counter saw gain and same was with small-cap counters too. Midcap index too gained and other stocks also moved positive for the day. In further trading session 10250 can be market resistance for index.



Bank Nifty:  

Bank Nifty Outlook

Bank Nifty Index saw a positive note for today and trading in range for the day, while the bull’s head was high for the day. Private players performed well for the day, YES bank gained and traded positive for the day, PSU bank were also seen gaining for the day. Next, 24500 can be seen as major resistance for the index.

Nifty Trends
   R1
10250
R2
10550
S1
9950
S2
9850


Technical Outlook

Top Gainers
INDUSINDBK
1,790.00
TATAPOWER
80.90
GAIL
394.55
LT
1,216.00

Top Losers
IBULHSGFIN
1,297.95
M&M
1,282.60
TCS
2,455.00
SUNPHARMA
468.50


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