Friday 22 September 2017

Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty moved on negative bias for today. Index moved in a range and managed to close above 10100. Market awaiting for signals for further movement. Midcap and small-cap counters lost numbers for the day. Pharma sector moved under up and lifted the Index sentiments. For next trading session 10200 can be market resistance for index.

Bank Nifty:  

 

Bank Nifty Outlook

Bank Nifty Index saw a negative movement, lost the gain of earlier trading sessions. Index slipped almost 0.5-1 % for the day. PSU players as well as private players lost the gains for the day. RBL bank was seen positive and gained among the sector for the day. Next 25200 can be seen as major resistance for the index.

Nifty Trends

   R110250
R210380
S110050
S29950

Technical Outlook:

Top Gainers

DRREDDY2,490.00
CIPLA593.00
LUPIN1,029.50
TECHM460.20

Top Losers

ZEEL535.00
GAIL406.65
ACC1,746.25
EICHERMOT31,770.00

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