Nifty:
Nifty Outlook
Nifty
gave a long red candle for the course of the day. Now we can see in
weekly chart, nifty index on major resistance at 8900. For the course of
week it was a good up side for index pricing. Prices moved almost 200
points positive and week closed @ 8866, since we get a major resistance
at level 8900 and we can except profit booking in index in a coming
days up to the level @ 8750.
Bank
Nifty performed well for the day and gave a doji candle on daily chart
which closed at 20349. Now on daily frame we can see an overbought
levels on chart. Talking for the weekly frame banking index on major
resistance level at 20700 and we closed at 20349. Bank Nifty gave a
positive move of around 600 points in this week and now we can except a
profit booking in index.
| Nifty Trends |
| R1 | 8900 |
| R2 | 8960 |
| S1 | 8850 |
| S2 | 8780 |
Technical Outlook:
| Nifty Day Performance |
| Open | 8,962.00 |
| High | 8,962.00 |
| Low | 8,890.50 |
| Close | 8903.75 |
| Top Gainers |
| ONGC | 255.00 |
| GAIL | 394.95 |
| TCS | 2352.00 |
| WIPRO | 480.00 |
| Top Losers |
| HINDALCO | 155.20 |
| YESBANK | 1275.50 |
| ULTRACEMCO | 3975.00 |
| AXISBANK | 613.55 |
I explored useful updates on market gainers and losers here. Traders must carefully choose stocks to invest in by taking help from post like these. For best stock trading tips contact epic research.
ReplyDelete