Thursday, 5 January 2017

Today Nifty/Bank Nifty News Letter

Nifty Outlook

Mixed sentiments was seen in Index prices, where nether the prices were going down nor any good upside was marked on chart a very consolidate frame in the price bracket of 8195 to 8215 was seen. Most of the stocks closed with an upside of two to three percent. A positive move is expected by nifty index in coming days that can lead the prices to 8250
bombay-stock-exchange-by-zabihlucky-4-638

Bank Nifty:  

Bank Nifty Outlook

 Continuous down side was seen in Banknifty just after the gap up opening. But prices sustained on the support level of 17940. A little down side in tomorrow’s session can took prices to 17850 as well as currently prices are standing on a major support and if buyers took the initiative then we can see banknifty at 18000 and 18050 as well.

Nifty Trends

   R18240
R28280
S18120
S28030

Technical Outlook:

Nifty Day Performance

   Open8,202.25
High8,223.40
Low8,187.30
Close8204.05

Top Gainers

INFRATEL352.25
BHARTIARTL313.40
HCLTECH859.30
BAJAJAUTO2694.00

Top Losers

RELIANCE1067.15
KOTAKBANK698.00
ACC1318.80
BOSCHLTD20486.00

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