Wednesday 25 July 2018

Daily Equity Report


Outlook of Nifty & Bank Nifty Today



Nifty Outlook:-
Nifty continued to maintain their momentum as rallying for a third straight date, touched over 11100 levels ahead of the expiry of the July F&O series, expected on Thursday. Energy and cement stocks were mainly responsible for keeping the benchmark indices on the uptrend during opening trade.


Nifty Future Support-Resistance
R1/R2
11190/11250
S1/S2
11070/11000





Daily Chart:


Bank Nifty Outlook:-
Bank Nifty gains in the first half of the session, selling pressure seen in last hour of trading session, for now 27180 seen as immediate resistance while on lower side 26910 seen as support.

Bank Nifty Future Support-Resistance
R1/R2
27180/27235
S1/S2
26910/26750













Daily Chart:


Technical Outlook

Top Gainers
GRASIM
997
HINDALCO
207.2
IBULHSGFIN
1,260.25
LT
1,327.00









Top Losers
KOTAKBANK
1,310.30
HEROMOTOCO
3,108.00
HCLTECH
989.4
BAJFINANCE
2,716.00



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