Friday 10 March 2017

TODAY NIFTY/BANK NIFTY OUTLOOK

Nifty Outlook:

Very uncertain moves took place today by index where opening took place in a gap down form at 8923. In the beginning prices consolidate for a long time but in last hours a good upside was seen and buyers took the market, closing was marked at 8954 we believe prices to approach for 9000 level in coming days.

Bank Nifty Outlook:

Bank Nifty performed much better than the Nifty 50 good upside was marked at 20864 and prices closed positively at 20793 one of the most gainer stocks in banking sector was SBIN & AXISBANK. Still an upside for 20900 can be seen in coming days.

Nifty 50 Gainers

StockPrice
MARUTI5958.95
SBIN273.15
AXISBANK516.15
AMBUJACEM227.60
TATAMOTORS467.60

Nifty 50 Losers

StockPrice
DRREDDY2702.10
GAIL379.50
IDEA103.85
WIPRO484.40
ADANIPORTS300.25

Nifty Resistance & Support

R1 / R29010/9080
S1 / S28910/8840

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