Tuesday 10 July 2018

Daily Equity Report

Outlook of Nifty & Bank Nifty Today


Nifty Outlook:-
Nifty opened gap up and continued its stellar run, ending the session 94 points higher at 10948 near the high point of the day led by index heavyweights such as Reliance Industries (RIL) and Coal India, with investor focus now on corporate earnings, starting with Tata Consultancy Services (TCS) later in the day.





Nifty Future Support-Resistance
R1/R2
11060/11190
S1/S2
10880/10800


Daily Chart:



Bank Nifty Outlook:-

Bank Nifty saw strong upmove on the market through the day was followed by an even stronger end, backed by surge in the last hour in index heavweights as well as midcap stocks. PSU banks surged the most in today’s trading session ends 1.09% higher.

Bank Nifty Future Support-Resistance
R1/R2
27060/27660
S1/S2
26750/26400












Daily Chart:



Technical Outlook

Top Gainers
GAIL
365
HINDALCO
229.05
RELIANCE
1,027.50
COALINDIA
278.95









Top Losers
HINDPETRO
267.5
IOC
155.1
IBULHSGFIN
1,141.50
INDUSINDBK
1,936.00


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