Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty prices take a down pull today also, it closed red at 8080 where the opening was marked at 8120 from last three days prices are trying hard to take some up side but 1830 is acting as a major resistance for it. We expect this down side to be continued for coming days as well and one can expect the prices to be at 8030

Bank Nifty:  

Bank Nifty Outlook

 Bank Nifty took a long pull in the first half of the market hours, and a little recovery  was seen later where prices closed at 18100 and opening was marked at 18162. Talking about the sector all the banking stocks and even the microfinance companies made a red candle on chart. This down side can be continued in coming days for 18000 levels as well

Nifty Trends
R1	8140
R2	8260
S1	8030
S2	7970

Technical Outlook:

Nifty Day Performance
Open	8,120.50
High	8,124.50
Low	8,073.05
Close	8080.65

Top Gainers
ULTRACEMO	3185.00
LUPIN	1466.00
NTPC	163.65
MARUTI	5159.65

Top Losers
INFRATEL	336.25
SUNPHARMA	614.30
ITC	262.20
IDEA	72.15