Daily Nifty/Bank Nifty News Letter
Nifty:
Nifty Outlook
Index
took a down flip today as well and the down side still seems to be
continued in coming days. A little support falls on 8680 but we have a
firm chance to see the prices falling to 8640 handle as a reason of gap.
For the day BPCL was good for buyers who made some profit.
Bank
nifty gave a flat move for the day but in late hours prices dipped to
19406 which became the low of the day and got closing at 19483. On
other hand we got high at 19675. Looking on chart we expect the prices
to take some pull till 19270 handle. For the day Bank Baroda was the
main looser in the banking index.
Nifty Trends
|
| R1 | 8850 |
| R2 | 8900 |
| S1 | 8700 |
| S2 | 8600 |
Technical Outlook:
Nifty Day Performance
|
| Open | 8,797.00 |
| High | 8,815.00 |
| Low | 8,711.00 |
| Close | 8731.35 |
Top Gainers
|
| BPCL | 673.00 |
| GAIL | 414.60 |
| GRASIN | 1009.00 |
| RELIANCE | 1112.00 |
Top Losers
|
| BANKBARODA | 164.55 |
| CIPLA | 578.00 |
| POWERGRID | 177.80 |
| M&M | 1374.00 |
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