Saturday, 26 November 2016

Outlook Of Nifty/bank nifty : 28/11/16

Nifty:  

Nifty Outlook

As expected prices took some upside today. Index opened at 8033 and hit to the high of 8138 a positive move of 160 was seen after a long time, for the day index recover the down side of almost 6 days, one can say a biggest gain in Nifty price in last 6 months. Major sector that gain the prices was the IT sec. We can see prices on 8200 level on Monday.
nifty-bank-nifty-tips 

Bank Nifty:  

Bank Nifty Outlook

After a down side of 7% in Nov. Contract Bank Nifty started to recover today, it also broke the resistant and was trying to hit 8600. For the day prices opened at 18311 and closed at 18582 an upside of 320 points was marked on chart. For coming days we are bullish on chart and expect 18700 handle in coming days

Nifty Trends

   R18190
R28270
S18020
S27930

Technical Outlook:

Nifty Day Performance

   Open8,033.95
High8,138.70
Low8,006.00
Close8126.35

Top Gainers

TECHM485.40
TCS2299.80
INFY974.70
SUNPHARMA712.45

Top Losers

INFRATEL356.00
ACC1309.00
BAJAJAUTO2610.00
EICHERMOT20250

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