Nifty:
Nifty Outlook
As
forecasted nifty took a dip today where Pharma was the sector which saw
a major down side, on other hand Nifty IT performed well which became
the major supporter for up side in Nifty Prices, as investor still
believe in Mr. Sikka, who can lead the path for Infosys. We believe the
prices to see more down side for Nifty for 8700 levels in coming days.
Bank Nifty:
Bank Nifty Outlook
Bank
Nifty was totally affected by the result expectation of SBI we saw a
good swing in prices but prices closed red for the day. As the result
was good for SBI where Q3 Profit jumps to 134 percent i.e. 2610 Cr we
expect some positive moves from banknifty on Monday till 20350..
Nifty Trends
|
| R1 | 8890 |
| R2 | 9050 |
| S1 | 8750 |
| S2 | 8600 |
Technical Outlook:
Nifty Day Performance
|
| Open | 8,819.80 |
| High | 8,826.90 |
| Low | 8,813.65 |
| Close | 8,793.55 |
Top Gainers
|
| GRASIM | 1014.90 |
| TECHM | 499.85 |
| TCS | 2382.90 |
| INFY | 967.00 |
Top Losers
|
| AUROPHARMA | 678.05 |
| BPCL | 714.00 |
| LUPIN | 1466.50 |
| DRREDDY | 2975.95 |
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