Friday 9 March 2018

Daily Nifty News Letter



Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty moved on volatile note for today. Index sustained around the lower level of 10200 while a gains was seen in the Index in later half of trading session. Following global cues and the internal affairs, kept the sentiments mixed and a slight profit booking was observed in last trading hours. Midcap and small-cap counters moved volatile for the day. For next trading session 10050 can be market support for index.



Bank Nifty:  

Bank Nifty Outlook

Bank Nifty Index saw a mixed movement, Index slipped around 300 points for the day. Index managed to close above 24000. Private players well as PSU players, same pattern was seen during the trading hours. Looking forward to domestic cues kept the sentiment volatile. Next 24000 can be seen as major support for the index.

Nifty Trends
   R1
10350
R2
10550
S1
10050
S2
9900


Technical Outlook

Top Gainers
SBIN
256.65
ICICIBANK
297.90
ADANIPORTS
389.90
RELIANCE
911.00

Top Losers
SUNPHARMA
510.00
TATASTEEL
636.25
HINDALCO
221.95
YESBANK
308.85

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