Outlook of Nifty & Bank
Nifty Today
Nifty Outlook:-
The Nifty50
gradually recouped its steep opening losses and gained strength in afternoon to
close above psychological 10,500 levels on Tuesday despite the resignation of
Urjit Patel as RBI governor and BJP losing power in key states. Stable global
cues also boosted market sentiment.
Nifty Future Support-Resistance
R1/R2
10610/10750
S1/S2
10350/10100
Bank Nifty Outlook:-
Bank Nifty after
gap down hit an intraday low of 25706.40 in morning itself, but gradually
managed to recover losses after the clear trend from states poll results. The
cautious trend is likely to continue in coming sessions ahead of many domestic
(CPI, IIP, and decision over new RBI governor etc) and global events (Brexit,
Federal Reserve meeting).
|
Bank Nifty
Future Support-Resistance
|
|
|
R1/R2
|
26300/26750
|
|
S1/S2
|
25700/25400
|
Missed call
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