Wednesday 5 September 2018

Daily Equity Report


Outlook of Nifty & Bank Nifty Today




Nifty Outlook:-
Nifty closed in the red for the fifth straight day. Most of Nifty’s sectoral indices were down by over 1% Only the IT index was trading in the green, maintaining its momentum and supporting the market to ensure that it doesn’t fall further. The market breadth was also negative, with over 1,000 stocks declining.






Nifty Future Support-Resistance
R1/R2
11650/11800
S1/S2
11500/11350














Daily Chart:





Bank Nifty Outlook:-
Bank Nifty began on a good note, but selling began within the first few minutes of trade in the morning. Banks were a big drag, but it was the rupee that led to the big drag. Additionally, sentiment could have been soured as FPIs cried foul over SEBIs’ circular asking for KYC compliance for all such cases, failing which they will have to wind up positions.



Bank Nifty Future Support-Resistance
R1/R2
28410/28550
S1/S2
27820/27450














Daily Chart:






Technical Outlook



Top Gainers
TECHM
766
HCLTECH
1,076.00
TCS
2,100.00
INFY
733










Top Losers
GRASIM
1,022.40
IBULHSGFIN
1,210.00
ULTRACEMCO
4,211.00
ASIANPAINT
1,313.00




To Get Free Trial on stock market tips,nifty trading tips give
Missed call @8817002233,WHATSAPP NO. 8602780449
Mail Us = starindiamarket@gmail.com

1 comment:

  1. Thanks for sharing the information. That’s a awesome article you posted. I found the post very useful as well as interesting. I will come back to read some more Nifty FMCG

    ReplyDelete