Daily Nifty/Bank Nifty News Letter
Outlook Of Nifty/bank nifty today:
Nifty:
Nifty Outlook
It
was a big dent for Nifty as today we saw a big fall in index prices. A
gap of 102 point was marked at the opening time which was further
continued, we believe and saw European Index down by 2% where the clouds
are dark for Fed Reserve may give a rate hike in coming week which can
be an another reason for the down pull of index price which later closed
@8742. We can see prices falling till 8680
Banking
index fall for 300 points at the opening time, but recover almost 50%
of the fall in the same hour and for the rest of the day we just found
consolidation. Finally there was no chance of recovery and Banking index
closed red YesBank and Bankbaroda were the leading stock to for down
side
Nifty Trends
|
R1 | 8900 |
R2 | 8960 |
S1 | 8675 |
S2 | 8600 |
Technical Outlook:
Nifty Day Performance
|
Open | 8,805.25 |
High | 8,805.25 |
Low | 8,727.00 |
Close | 8742.35 |
Top Gainers
|
INFY | 1055.00 |
TECHM | 464.10 |
WIPRO | 482.00 |
TCS | 2358.00 |
Top Losers
|
HINDALCO | 141.20 |
YESBANK | 1199.50 |
TATASTEEL | 371.95 |
BANKBARODA | 162.10 |
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