Wednesday 1 November 2017

Daily Nifty/Bank Nifty News Letter

Nifty:  

Nifty Outlook

Nifty traded on flat yet negative note today. Index ended lower, with the Nifty trading low as per last trading sessions. Nifty-50 futures ended subdued and losing the numbers for the day, We may see Nifty witnessing resistance around 10410 – 10510 level. Midcap and small cap index too traded bit low.

Bank Nifty:  


Bank Nifty Outlook

Bank Nifty Index saw a flat trading session for the day and ended the same levels. Bulls were seen struggling the day for the day. Few PSU players in the sector as well as private banks gained for the day, while few were seen loosing in half trading session. Next 25300 can be seen as major resistance for the index.

Nifty Trends

   R110450
R210510
S110250
S210100

Technical Outlook:

Top Gainers

AXISBANK525.25
INFRATEL441.95
ONGC191.10
HCLTECH855.30

Top Losers

UPL799.00
VEDL332.00
GAIL465.05
M&M1,346.00

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