Outlook of Nifty & Bank Nifty Today
Daily Chart:
Nifty Outlook:-
Nifty
started the July expiry week on a strong note, managing to end the session near
the high point of the day after the Goods and Services Tax (GST) Council cut
tax rates on scores of items while keeping the cess on cigarettes unchanged
during its weekend meeting.
Nifty Future Support-Resistance
|
|
R1/R2
|
11140/11190
|
S1/S2
|
11000/10900
|
Daily Chart:
Bank Nifty Outlook:-
Bank Nifty gains for the second consecutive day
and end on a positive note. Today given breakouts of its immediate resistance
and ends above it which further indicates more buying in it.
Bank Nifty
Future Support-Resistance
|
|
R1/R2
|
27235/27660
|
S1/S2
|
26700/26060
|
Technical
Outlook
Top Gainers
|
|
UPL
|
634.9
|
VEDL
|
210.7
|
BAJAJFINSV
|
6,920.00
|
ADANIPORTS
|
383.5
|
Top Losers
|
|
HEROMOTOCO
|
3,154.85
|
BAJAJ-AUTO
|
2,688.10
|
WIPRO
|
275.95
|
HDFCBANK
|
2,149.70
|
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