Outlook of Nifty & Bank
Nifty Today
Nifty Outlook:-
Bulls made a
roaring comeback on a day that looked like a bearish day. A sharp recovery
across sectors, particularly in the broader markets, helped the indices end
sharply higher. The Nifty clocked 10,700 again and ended above that mark. The
day began on a bearish note, with indices giving up key levels.
Nifty Future Support-Resistance
R1/R2
11037/11191
S1/S2
10539/10385
Daily
Chart:
Bank Nifty Outlook:-
Equity
markets have gained momentum in the last hour of trading and are hovering
around the day's high. Bank Nifty climbed 214 points to trade at 27602.
However, the index rose 600 points from intraday lows to 27,008. Maximum gains
were seen in ICICI Bank, SBIN, YESBANK, and AXISBANK, which rose between 3-1%
each.
|
Bank Nifty
Future Support-Resistance
|
|
|
R1/R2
|
27970/28621
|
|
S1/S2
|
26222/25126
|
Daily
Chart:
Missed call
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