Friday, 6 January 2017

Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty took a slow up side for the day, gap up opening was marked at 8254 and closed at 8264. As told in previous report good buying was seen in today’s session. We are still positive to have some upside in index prices for newer levels at 8340 in coming days & support fall at 8220.
dreamstimelarge_20053199

Bank Nifty:  

Bank Nifty Outlook

 A gap up opening was made by bank nifty and as well it was sustain by the time a good up trend can be seen on chart, while the closing was marked red for the last hour, prices opened at 18050 and closed at 18137. As yesterday, we expect some positive move for tomorrow’s trading session. Where prices can hit for 18325 and support can be taken at 18025.

Nifty Trends

   R18340
R28400
S18200
S28130

Technical Outlook:

Nifty Day Performance

   Open8,254.70
High8,298.70
Low8,236.15
Close8288.20

Top Gainers

TATAMTRDVR322.95
ADANIPORTS285.90
YESBANK1209.45
TATASTEEL419.05

Top Losers

TECHM487.45
TCS2334.00
HCLTECH844.55
GRASIM860.70

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