Friday 29 September 2017

Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty moved on mixed note for today. Index breached the level of 9700 while a gains was seen in the Index in later half of trading session. Following global cues and the internal affairs, kept the sentiments mixed and a slight correction was observed in last trading hours. Midcap and small-cap counters moved volatile for the day. For next trading session 9615 can be market support for index.

Bank Nifty:  

 

Bank Nifty Outlook

Bank Nifty Index saw a mixed movement, Index slipped almost 400 points for the day. Index managed to close above 24000. Private players performed well as compared with PSU players. Looking forward to domestic cues kept the sentiment volatile. Next 23500 can be seen as major support for the index.

Nifty Trends

   R19850
R29950
S19690
S29600

Technical Outlook:

Top Gainers

ACC1,648.20
DRREDDY2,381.35
KOTAKBANK1,006.10
HINDALCO239.55

Top Losers

ASIANPAINT1,126.90
BOSCHLTD20,612.00
AUROPHARMA677.00
BHARTIARTL378.95

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