Friday 1 December 2017

Daily Nifty/Bank Nifty News Letter

Nifty:  

Nifty Outlook

Nifty traded on negative note today. Index lost numbers in today’s trading session.  Nifty  took a gap down opening later took a fall and futher slipped to the lower levels. Index closed below 10,250 level. Nifty-50 futures slipped and bears dominated the day, We may see Nifty witnessing resistance around 10110 – 10010 level. Midcap and small cap index too also lost and witnessed the negative numbers.

Bank Nifty:  

Bank Nifty Outlook

Bank Nifty Index saw a negative movement and and lost the numbers in today’s trading session. Index was seen loosing and bears gained control for today’s trading session. Few PSU players in the sector as well as private banks slipped and lost the numbers for the day. Next 25200 can be seen as major resistance for the index.

Nifty Trends
   R110450
R210570
S110291
S210150

Technical Outlook:

Top Gainers

IBULHSGFIN1,232.50
BHARTIARTL507.00
BOSCHLTD21,199.00
ICICIBANK311.85

Top Losers

ITC261.00
ONGC189.35
COALINDIA283.30
INFRATEL428.00

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