Saturday 19 November 2016

Daily Nifty/Bank Nifty News Letter

Nifty:  

Nifty Outlook

Nifty prices still seems to fall further, as forecasted in previous report prices fall below 8100 and are unable to take any up move. This down move can continue till 7980 as major support lies on this handle. it seems that a little up side can be seen if the prices rests on 7980 to 7940.
9551-3d-bar-graph

Bank Nifty:  

Bank Nifty Outlook

 Bank Index prices feel like exhausted from last five days no sign to recover can seen on chart. Prices closed at 18993. Next support to the prices comes at 18660 where we can see some up side or recovery in Bank Nifty.

Nifty Trends

   R18170
R28240
S18040
S27920

Technical Outlook:

Nifty Day Performance

   Open8,639.00
High8,704.60
Low8,633.25
Close8651.75

Top Gainers

NTPC158.50
EICHERMOT21765
SUNPHARMA687.00
BHARTIARTL303.20

Top Losers

ZEEL446.00
ASIANPAINT900.00
TATASTEEL385.00
GAIL426.65

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