Outlook of Nifty & Bank
Nifty Today
Nifty Outlook:-
Nifty
opened the day gap up and hit an intraday high of 11073.75 before witnessing
heavy selling pressure in the second half of the session to end at 10978.60 as index
falling from a record high, as the opposition parties tabled a no-confidence
motion against Prime Minister Narendra Modi’s government.
Nifty Future Support-Resistance
R1/R2
11025/11075
S1/S2
10950/10900
Bank Nifty Outlook:-
Bank
Nifty too reversed its gains ending the session lower at 26,930 after hitting a
five-month high. SBIN only ends in green zone else closed in red territory. Bank
Nifty trading above 20 DMA as well as reversal is expected from here.
|
Bank Nifty
Future Support-Resistance
|
|
|
R1/R2
|
27235/27660
|
|
S1/S2
|
26800/26400
|
Daily Chart:
Technical
Outlook
|
Top Gainers
|
|
|
IBULHSGFIN
|
1,199.05
|
|
ONGC
|
160.3
|
|
BPCL
|
401.5
|
|
HINDPETRO
|
286.3
|
|
Top Losers
|
|
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TATASTEEL
|
504
|
|
HINDALCO
|
212.9
|
|
VEDL
|
203.9
|
|
UPL
|
556.5
|
Missed call
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