Outlook of Nifty & Bank
Nifty Today
Nifty Outlook:-
Nifty witnessed
a sideways consolidation after opening the day gap up. The Nifty witnessed a
pullback from the high point of the day closing 11 points higher at 10,883,
however, it managed to extend its positive run to the sixth trading session. Nifty Realty was the best performing sectoral index, continuing
its rally and ending the day 2.41% higher.
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Nifty Future Support-Resistance
|
|
|
R1/R2
|
11025/11150
|
|
S1/S2
|
10850/10690
|
Daily Chart:
Bank Nifty Outlook:-
Bank Nifty closed
in red zone while Shares of
public sector (PSU) banks have moved higher by 4% after Moody's Investors
Service said the outlook for the banking system in India (Baa2 stable) over the
next 12-18 months are stable due to strength of economy and weak-but-steady
asset quality.
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Bank Nifty
Future Support-Resistance
|
|
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R1/R2
|
27300/27700
|
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S1/S2
|
26800/26500
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Daily Chart
Missed call
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