Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty gave a long green candle for the day where the opening was very positive even we got an upside of 9933 prices closed on the previous support and we expect some positive move in next trading session, as on short frame a bottom is formed on chart that can pull prices to 8990 handle.

Bank Nifty:  

Bank Nifty Outlook

Taking support at 20500 levels bank nifty took an upside for 20620 and closed positive at 20580. Covering the down side gap prices took up move in the last hours, we are still positive on bank nifty and can see a rally for 20700 in coming trading session.

Nifty Trends
R1	9010
R2	9080
S1	8880
S2	8800

Technical Outlook:

Nifty Day Performance
Open	9,001.00
High	9,018.30
Low	8,898.25
Close	8917.20

Top Gainers
INFRATEL	307.60
HINDALCO	198.85
CAIL	519.30
GRASIM	1021.55

Top Losers
BOSHLTD	21130.00
HDFC	1370.50
AMBUJACEM	225.05
ASIANPAINT	1015.00