Thursday 21 June 2018

Daily Nifty Market Report


Outlook of Nifty & Bank Nifty Today



Nifty Outlook:-
Nifty got rid of their two-day losing streak led Led by Reliance Industries, the HDFC twins, and Axis Bank despite mixed cues from their Asian peers amid ongoing trade war tensions between the US-China.  Nifty had taken support from its 20 DMA seen in below daily charts and moved higher side.


Nifty Future Support-Resistance
R1/R2
10820/10880
S1/S2
10690/10530


Daily Chart:




Bank Nifty Outlook:-
Bank Nifty gains and ends with big bullish candle as well as given breakouts of trend line and closed above it which further indicates buying in coming session for now 26800 seen as immediate resistance while on lower side 26200 will play as key support for now.

Bank Nifty Future Support-Resistance
R1/R2
26800/27060
S1/S2
26200/25900













Daily Chart:


Technical Outlook

Top Gainers
RELIANCE
1,019.20
INDUSINDBK
1,974.00
TATASTEEL
565.5
KOTAKBANK
1,326.00









Top Losers
UPL
652
HINDPETRO
307.85
IOC
166.05
ONGC
162.55

To Get Free Trial on stock market tips,nifty trading tips give
Missed call @8817002233,WHATSAPP NO. 8602780449
Mail Us = starindiamarket@gmail.com





No comments:

Post a Comment