Thursday, 24 November 2016

Daily Nifty/Bank Nifty News Letter

Nifty:  

Nifty Outlook

Index prices gave a red signal for the day. Although it sustained the support and didn’t fall from 7950 handle where the nifty tried hard to take some up move and made high of 8058. Where closing was marked at 8024. We expect some upside tomorrow as well to cross 8090 level.
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Bank Nifty:  

Bank Nifty Outlook

Bank nifty took some down side for the day and gave low of 18471 where on other hand broke the resistance and made high of 18650. We believe the prices to take up move for tomorrow as well. Expecting the level of 18700 and 19000 in coming days.

Nifty Trends

   R18070
R28140
S17900
S27820

Technical Outlook:

Nifty Day Performance

   Open8,050.05
High8,058.00
Low7,972.20
Close8024.85

Top Gainers

M&M1190.00
HDFC1230.10
BANKBARODA160.90
HDFCBANK1181.60

Top Losers

LUPIN1473.00
HINDALCO173.10
ASIANPAINT940.00
TATASTEEL390.00

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