Thursday 16 February 2017

Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty pulled prices to 8727 and closed red at 8743, as forcasted today was the sellers day for index as well as for stocks. Tatamotors and Tatamtrdvr were the biggest looser for the day. 8730 became the support today but we expect prices to trend soon at 8670 in coming days.
bank-nifty-150

Bank Nifty:  

Bank Nifty Outlook

Banknifty sustained on the support handle of 20150 and was unable to broke the support level. We can still see some more down side in banknifty in coming days by breaking the support and prices can approach for 20000 levels. For the day Yesbank became the sellers choice.

Nifty Trends

   R18890
R28910
S18700
S28630

Technical Outlook:

Nifty Day Performance

   Open8,826.10
High8,827.20
Low8,727.00
Close8743.10

Top Gainers

ZEEL521.20
INFRATEL323.00
ITC274.10
TCS2423.45

Top Losers

TATAMTRDVR268.40
TATAMOTORS436.70
SUNPHARMA622.00
AUROPHARMA635.00

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