Outlook of Nifty & Bank Nifty Today
Nifty Outlook:-
A sharp
selloff in the last hour erased all the gains, with the market closing at low
points of the day. The Nifty managed to give up 11,650. While FMCG were one of
the big laggards through the day, weakness among banks, along with IT, pharmaceuticals,
energy, and infrastructure sectors also weighed on the indices.
Nifty Future Support-Resistance
|
|
R1/R2
|
11800/11900
|
S1/S2
|
11600/11500
|
Bank Nifty Outlook:-
Bank Nifty ended lower on Monday after India's
manufacturing growth eased in August on softer domestic demand and on concerns
over the escalation of the global trade war.
Bank Nifty
Future Support-Resistance
|
|
R1/R2
|
28410/28550
|
S1/S2
|
27820/27450
|
Technical
Outlook
Top Gainers
|
|
DRREDDY
|
2,588.00
|
WIPRO
|
309.15
|
EICHERMOT
|
28,715.00
|
TITAN
|
911.5
|
Top Losers
|
|
BAJFINANCE
|
2,720.10
|
HINDUNILVR
|
1,699.80
|
POWERGRID
|
194.2
|
AXISBANK
|
630.7
|
Missed call
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