Outlook of Nifty & Bank
Nifty Today
Nifty Outlook:-
Nifty
has turned choppy in the last hour of trading session and is stuck in a narrow
trading band amid March quarter earnings reports and ahead of Federal Reserve
meeting outcome tonight. The 10,800 mark is turning out to be a stiff resistance
while on lower side 10700 will act as a support for now.
Nifty Future Support-Resistance
R1/R2
10800/10930
S1/S2
10700/10640
Daily Chart:
Bank Nifty Outlook:-
Bank
Nifty was strong against Nifty as gains for the third consecutive day in row
and ends on a flat note. The 25,730 is important resistance zone for the Bank
Nifty. PSU Bank today remain under
pressure as PSU Bank Index tanks 2.49 percent led by oriental bank, Indian
Bank, Andhra bank etc.
Bank Nifty
Future Support-Resistance
|
|
R1/R2
|
25850/26200
|
S1/S2
|
25550/25400
|
Technical
Outlook
Top Gainers
|
|
KOTAKBANK
|
1,260.00
|
ZEEL
|
600
|
ITC
|
286.6
|
AXISBANK
|
524.85
|
Top Losers
|
|
VEDL
|
283.55
|
HCLTECH
|
1,005.35
|
HINDALCO
|
227.3
|
TATASTEEL
|
574.8
|
Missed call
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