Outlook of Nifty & Bank
Nifty Today
Nifty Outlook:-
Nifty
continued to remain resilient; recovering from opening loses to end marginally
higher. Nifty IT index ended on record highs as TCS crossed record $100b
market-cap during the trade. Across the board buying was witnessed in mid-cap
IT stocks, while financials stocks remained under selling pressure for the
second day in a row.
|
Nifty Future Support-Resistance
|
|
|
R1/R2
|
10650/10720
|
|
S1/S2
|
10500/10350
|
Bank Nifty Outlook:-
Bank
Nifty remained under selling pressure for the second day in a row as well
trades weak against Nifty and ends below 25000 mark. However manage to close
above its support and 50 DMA which is good sign to give recovery from current
levels.
Nifty
Future Support-Resistance
R1/R2
25200/25500
S1/S2
24650/24400
Technical
Outlook
|
Top Gainers
|
|
|
INDUSINDBK
|
1,880.60
|
|
M&M
|
823.05
|
|
BPCL
|
381.25
|
|
CIPLA
|
601
|
|
Top Losers
|
|
|
HINDALCO
|
255
|
|
IBULHSGFIN
|
1,322.00
|
|
UPL
|
752
|
|
VEDL
|
304.3
|
Missed call
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