Tuesday, 3 July 2018

Daily Equity Report


Outlook of Nifty & Bank Nifty Today



Nifty Outlook:-
Markets witnessed yet another volatile trading session with Nifty experiencing wild swings. Nifty witnessed a heavy selling pressure during the initial half of the session correcting all the way till 10,600 levels before staging a minor recovery in the latter half of the day.




Nifty Future Support-Resistance
R1/R2
10710/10820
S1/S2
10590/10500


Daily Chart:


Bank Nifty Outlook:-
Bank Nifty continued its see-saw kind of movement as it witnessed a choppy session and closed below 20 DMA on daily charts which can be seen in below charts, while long term buying can be seen if manage to give breakouts of its 20 DMA and sustain above it.

Bank Nifty Future Support-Resistance
R1/R2
26500/26830
S1/S2
25900/25550












Daily Chart:


Technical Outlook

Top Gainers
INFY
1,337.80
ASIANPAINT
1,293.00
TITAN
894.25
UPL
624.4









Top Losers
BHARTIARTL
368.5
NTPC
154.05
HINDALCO
222.55
ADANIPORTS
362.5


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