Wednesday, 28 March 2018

Outlook Of Nifty/bank Nifty today

 Nifty Outlook 
 Nifty traded on high volatile note for today. In morning session nifty took a gap up opening and moved around the same numbers in later half. Nifty-50 futures moved in the range and close above 10150 level. Similar pattern was seen in Midcap stocks and also same was for small cap counters too. For coming session market 10250 is considered to be a strong resistance. 

Bank Nifty: 
Bank Nifty Outlook 
Bank Nifty Index saw a volatile movement for the day. Index taking a gap up opening and was seen trading on mixed note in later hours of the day. Pull back was seen and managed to sustain above 25600. Few Private players gained marginally for the day, while PSU bank players were seen on same note. Next 24700 will act as strong resistance for the index for coming trading sessions. 

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