Wednesday 8 March 2017

Today Nifty/Bank Nifty News Report

Nifty Outlook:

Index prices consolidate for today where closing was marked red and prices ended at 8974 while opening was marked at 8986. Since the closing was above the resistance and today we cant see prices touching the support level so we are still positive for index to give a break to 9000 level in coming days.

Bank Nifty Outlook:

Bank Nifty performed flat today, prices closed at 20718 and opened at 20735 on other side a down tick was made by banking index by breaking the support but breakout in prices cant sustain. Hence we are expecting some good up side in coming days. Where prices can breach up to 20900

Nifty 50 Gainers

StockPrice
ADANIPORTS309.00
TCS2505.00
BPCL645.15
INDUSINDBK1335.00
ONGC196.00

Nifty 50 Losers

StockPrice
HINDALCO193.05
TATASTEEL482.40
INFY1018.80
LUPIN1457.00
IDEA108.35

Nifty Resistance & Support

R1 / R29010/9080
S1 / S28910/8840

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