Thursday 7 December 2017

Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty traded on negative note today. Index lost numbers in today’s trading session.  Nifty  took a gap up opening later took a fall and further slipped to the lower levels. Index closed below 10,100 level. Nifty-50 futures slipped and bears dominated the day, We may see Nifty witnessing resistance around 10010 – 9950 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 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 24700 can be seen as major resistance for the index.

Nifty Trends

   R110200
R210310
S19950
S29800

Technical Outlook:

Top Gainers

RELIANCE929.00
TECHM472.30
MARUTI8,617.00
HINDUNILVR1,274.90

Top Losers

BOSCHLTD19,130.00
HINDALCO232.50
INFRATEL367.15
EICHERMOT28,139.90

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