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Daily Nifty/Bank Nifty News Letter

Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Index prices performed flat for the day. No such major move took place on chart. In the beginning of the session prices slipped to 8675 handle but taking a support from 8675 and took a short recovery which head up to 8710. For tomorrow we expect the prices to roll up to  8750

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 Bank Nifty:  

Banking index is moving in a slow upside by making a uptrend on daily chart. Sustaining on the resistance handle we look ahead for bank nifty to break the 19750 and 19900 in coming days on other hand expiry of October 2016 can be seen on next Thursday.

Nifty Trends

   R1 8750
R2 8880
S1 8600
S2 8550

Technical Outlook:

Nifty Day Performance

   Open 8,695.25
High 8,728.20
Low 8,675.75
Close 8705.15

 

Top Gainers

ADANIPORTS 285.20
ICICBANK 277.50
HINDALCO 155.45
INFRATEL 367.00

 

Top Losers

HCLTECH 816.40
TATAMTRDVR 358.40
SUNPHARMA 745.10
HINDUNILVR 840.20

About Starindiamarket

Star India Market Research - SEBI Registered Investment advisory Company In India. Our experts provides trading recommendations in Stock, Commodity and Currency Market.

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