Nifty:
Nifty Outlook
Index
opened flat for the day but took good upside later and hit the high of
8454 in the last hour. A positive closing was made for the day at 8442.
Still the resistance of 8450 seems heated up for the index prices to
break it up. Also the prices are sustaining above the support level of
8400. We expect index to break the resistance soon.
Bank Nifty:
Bank Nifty Outlook
Banking
index opened red today by taking a dip in the first hour but a small
recovery took place and brought the prices same to the opening levels,
well closing was marked at 19150. Now 19230 had became a main resistance
which will give a good breakout for new buying and some new high as
well.
Nifty Trends
|
| R1 | 8490 |
| R2 | 8550 |
| S1 | 8375 |
| S2 | 8300 |
Technical Outlook:
Nifty Day Performance
|
| Open | 8,422.00 |
| High | 8,454.00 |
| Low | 8,409.00 |
| Close | 8442.95 |
Top Gainers
|
| GAIL | 464.95 |
| IDEA | 69.40 |
| BPCL | 674.00 |
| TATAMTRDVR | 337.20 |
Top Losers
|
| AXISBANK | 480.70 |
| AUROPHARMA | 714.00 |
| LUPIN | 1475.15 |
| SUNPHARMA | 641.80 |
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