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Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty taking dip for the day sustained on the support handle of 8610. Index seems to be on very delicate hairline support which can be broken on tomorrow’s opening. It’s better to take a sell position for index. The shadow of dawn fall can come till the level of 8550 and 8430. For the up side 8710 will be the first resistance.

stock-market-bull

Bank Nifty:  

After a long consistence up move today we saw a correction in the prices of banking index. Bank nifty opened@ 19451 and closed red at 19350 while made the low of 19252. This down side can pull the prices for the handle of 19060 so if tomorrow we found opening to be red it would be suggested to sit on selling side.

Nifty Trends
   R1 8723
R2 8790
S1 8600
S2 8515

 

Technical Outlook:

Nifty Day Performance
OPEN 8,680.50
HIGH 8,693.80
LOW 8,616.00
CLOSE 8633.20

 

Top Gainers
HINDUNILVR 930.00
ZEEL 511
ITC 254.25
BHEL 143.55

 

Top Losers
GRASIM 4490.55
AUROPHARMA 747.00
AMBUJACEM 270.00
LUPIN 1540.00

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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