Wednesday, 4 January 2017

Outlook Of Nifty/bank nifty today

Nifty Outlook

Flat move for the day, was made by nifty. A tight consolidation was seen in range of 8185 to 8225. Prices were moving in a pressure which could be seen on chartings. On other hand we expect prices to lift for 8240, from last three days we are getting almost the same closing price
1024

Bank Nifty:  

Bank Nifty Outlook

 Banknifty gave a Doji candle for the day, where long downside was taken in the beginning. Later prices sustained on the support level but cant broke the resistance. and closed same at previous closing. Expecting some pull in the price in coming days for 18200 levels

Nifty Trends

   R18230
R28280
S18120
S28030

Technical Outlook:

Nifty Day Performance

   Open8,200.00
High8,228.00
Low8,159.00
Close8196.50

Top Gainers

POWERGRID188.30
COALINDA307.00
BHEL125.00
YESBANK1166.00

Top Losers

BHARTIAIRTL300.95
IDEA73.15
HEROMOTOCO2989.90
TATAMOTORS480.50

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