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Outlook Of Nifty/bank nifty today
Nifty Outlook:
The Indian
market reached fresh record highs on Friday as S&P BSE Sensex hit mount
31k while the Nifty50 climbed 9,600 peak with ease. The S&P BSE Sensex
is up more than 16 percent so far in the year 2017 while Nifty50 rallied a
little over 17 percent in the same period. The next question which
everybody wants to ask – will the rally continue? Well, the latest analyst
estimates according to technical indicators suggest a massive rally for
benchmark indices which can take S&P BSE Sensex towards 100,000 and
Nifty50 towards 22,000-38,000 in the next 5-7 years.
Bank Nifty Outlook:
This week
in the banking sector saw some new strategies and announcements related to
bad loans and some capital-raising plans by banks to step up efforts to
revive banks’ financial strength. The highlight, however, was the 64
percent increase in payout for FY17 received by Chanda Kochhar, MD and CEO
of ICICI Bank, which is also the country’s biggest private bank. RBI also
laid out action plan to implement the Banking Ordinance in order to provide
better resolution of NPAs.
Technical Outlook
Missed call
@8817002233,WHATSAPP NO. 8602780449
Mail Us =
starindiamarket@gmail.com
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Showing posts with label nifty outloook. Show all posts
Showing posts with label nifty outloook. Show all posts
Friday, 29 December 2017
Daily Nifty News Letter
Monday, 25 December 2017
Daily Nifty News Letter
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Nifty:
Nifty Outlook
The
stock market rose to a record close on Friday, the second time it did so
during the week, but Christmas-eve celebrations were restrained as
investors weighed the continued rise in already-rich share valuations
against the so-far uninterrupted flows into equities.Benchmark indices rose
roughly 0.5%, with the Nifty crossing 10,500 points for the first time,
albeit briefly, after a late surge in tech shares provided an impetus to
the market.
Technical Outlook
Missed call
@8817002233,WHATSAPP NO. 8602780449
Mail Us =
starindiamarket@gmail.com
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Monday, 4 December 2017
Weekly Bank Nifty Outlook News Letter
Bank
Nifty Outlook:
The Nifty bank index ended the November F&O expiry on an
optimistic note and at the levels for the month. This was supported by the
government’s move to infuse Rs 2.11 lakh crore over two years in PSU banks. On
the back of this, all PSU banks saw huge long additions. However, as the November
series ended, profit booking was seen in PSU banks, which kept the index move
in check near 25200.
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Bank Nifty Friday Losers
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||
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Stock
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Price
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%age Change
|
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PNB
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170.30
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3.29%
|
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CANBK
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362.05
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2.90%
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SBIN
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312.90
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2.33%
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Bank Nifty Resistance & Support
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R1 / R2
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25364/25449
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S1 / S2
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25046/24816
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Missed call
@8817002233,WHATSAPP NO. 8602780449
Mail Us =
starindiamarket@gmail.com
Weekly Nifty News Letter
Nifty Outlook:
Market participants
lightened some long positions ahead of Gujarat elections. The Nifty future
premiums were quite high at 50 points, which was an indication of high optimism
created in the market. The
Nifty50 has come under selling pressure near the November expiry and is heading
towards the highest Put base of 10,000 strike. We expect some consolidation to
happen around 10,000 before the index starts moving higher.
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Nifty 50 Gainers
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|
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Stock
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Price
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AMBUJACEM
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264.15
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KOTAKBANK
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1,006.00
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INFRATEL
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385.00
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NTPC
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181.50
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MARUTI
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8,615.00
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Nifty 50 Losers
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Stock
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Price
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TECHM
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469.55
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IBULHSGFIN
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1,160.00
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ADANIPORTS
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385.00
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VEDL
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285.90
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GAIL
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454.00
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Nifty Resistance & Support
| |
R1 / R2
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10252/10493
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S1 / S2
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10074/9908
|
Missed call
@8817002233,WHATSAPP NO. 8602780449
Mail Us =
starindiamarket@gmail.com
Friday, 24 November 2017
Daily Nifty News Letter
|
Outlook Of Nifty/bank nifty today
Nifty:
Nifty Outlook
Nifty traded on sideways note yet very
volatile today. Index moved choppy
for the day and traded in a small range of 80-100 points for the day,
stocks also traded in the range for the day. Nifty-50 futures traded negative
in first half and later gained the numbers, We may see Nifty witnessing
resistance around 10410 – 10540 level. Midcap and small cap index too
traded on mixed note.
Bank Nifty:
Bank Nifty Outlook
Bank Nifty Index
traded on sideways note yet and sustained above 25600. Index moving in
range bound mode since the week’s start. Index was seen negative in first
half of the trading session later the mixed movement was seen. Few private
players as well as PSU players among the banks lost the numbers and later
gained for the day. Next 26000 can be seen as major resistance for the
index.
Technical Outlook
Missed call
@8817002233,WHATSAPP NO. 8602780449
Mail Us =
starindiamarket@gmail.com
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