Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty opened positive for the day but prices felt jaw down in the last two hours. Where high was marked at 8100 and low at 8024. As tomorrow it would be the expiry of December & 2016 contract a huge volatility is expected. A strict support falls at 7040 and resistance comes at 8125. For the day Infratel was top in the gainers list.

Bank Nifty:  

Bank Nifty Outlook

 Bank Nifty fall to 17830 after making high of 18058. Major change in prices came in the last hour of the day when a sharp fall was seen on chart. In the starting buyers lead the index prices supported by banking stocks as well, over all it was a negative day. Big volatility is expected tomorrow as it would be expiry of Dec Contract, major support falls at 17650.

Nifty Trends
R1	8100
R2	8160
S1	7970
S2	7820

Technical Outlook:

Nifty Day Performance
Open	8,044.00
High	8,100.00
Low	8,024.00
Close	8031.35

Top Gainers
INFRATEL	399.90
COALINDIA	295.55
IDEA	71.40
INDUSINDBK	1081.00

Top Losers
TATAMTRDVR	219.50
YESBANK	1112.00
RELIANCE	1051.15
HEROMOTCO	3002.50