Nifty:
Nifty Outlook
Nifty traded on positive note today. Strong rally was seen in last trading hours of the market. Nifty-50 futures rebounding from 9800 level, nifty gained a momentum of 50-60 points for the day. Banking sector pulled up on the news of bank merger approval. After slipping, today’s trading session provided a positive movement and a new hope for bulls, gaining the momentum. Again for further session 9700 will act as major support.
Bank Nifty Outlook
Bank Nifty Index saw a positive rally and almost a movement of 200 points held the bull’s head high for the day. PSU bank merger news lifted the hopes of traders and so a gain in index was seen, Union Bank pulling up from lower level gained more than 3% for the day, so was PNB and Andhra Bank. Further private players too performed well. Next 24500 can be seen as major resistance for the index.
Nifty Trends
|
| R1 | 9990 |
| R2 | 10050 |
| S1 | 9700 |
| S2 | 9610 |
Technical Outlook:
Nifty Day Performance
|
| Open | 9,811.00 |
| High | 9,874.25 |
| Low | 9,797.00 |
| Close | 9862.30 |
Top Gainers
|
| IBULHSGFIN | 1,222.20 |
| BHARTIARTL | 433.50 |
| TATASTEEL | 635.25 |
| ADANIPORTS | 385.00 |
Top Losers
|
| TECHM | 431.70 |
| TATAPOWER | 78.70 |
| INFRATEL | 382.85 |
| EICHERMOT | 30,580.15 |
This is one of the awesome publish. I like blog details. The way you tell the factor is awesome. We also provides best Commodity Tips.
ReplyDelete