Outlook of Nifty & Bank
Nifty Today
|
Nifty Future Support-Resistance
|
|
|
R1/R2
|
10800/11050
|
|
S1/S2
|
10600/10450
|
Nifty Outlook:-
Nifty continued
on their positive trend with buying pressure witnessed across sectors in the
afternoon session. Nifty ended the day 80 points above at 10763.40 with
broad-based buying pressure witnessed across all sectorial indices except Nifty
finance service and PSU Banks.
Daily Chart
Bank Nifty Outlook:-
Bank Nifty ended
on a positive note while being highly volatile by the end of the day. Yes Bank
was the top performer and closed 7.23% higher. Investors are cautious ahead of
the outcome of the RBI board meeting. The meeting had commenced at 10:30 am on
Monday and the outcome is expected sometime in the evening.
Bank Nifty
Future Support-Resistance
R1/R2
26750/27000
S1/S2
26100/25800
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