Wednesday 28 November 2018

Daily Equity Report


Outlook of Nifty & Bank Nifty Today



Nifty Outlook:-
It’s a green close for the market today, with the Nifty ending well above 10,650-mark  led by smart gains in frontline stocks such as Reliance Industries and TCS. Nifty IT was the best performing sectoral index and managed to end the session 1.43% higher.


Nifty Future Support-Resistance
R1/R2
10750/10800
S1/S2
10500/10450

Daily Chart


Bank Nifty Outlook:-
Bank Nifty Future had given breakouts of its important resistance i.e. of 26410 and closed above it which further indicates buying in Index for coming days. For now, 26700 will act as a resistance for now while on lower side 26200 is support.

Bank Nifty Future Support-Resistance
R1/R2
26700/27000
S1/S2
26200/25800













Daily Chart:


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