Nifty:
Nifty Outlook
Nifty
opened gap up at 8808 and sustained well above the support level of
8750. Although it was a flat day with a good pull back in the index
prices at the beginning itself. As forecasted a good break in nifty was
seen today and we closed well at 8815 for coming days we expect prices
to trend above 8900 following by a major support of 8700
Bank Nifty:
Bank Nifty Outlook
Almost
a recovery of 170 points was seen in bank nifty for the day. Prices
closed green at 20427. We got a break through the 20300 handle and now
we expect some more new upside from the bank nifty. Where icicibank was
most gaining stock in the banking sector for the day.
Nifty Trends
|
| R1 | 8890 |
| R2 | 9050 |
| S1 | 8750 |
| S2 | 8600 |
Technical Outlook:
Nifty Day Performance
|
| Open | 8,808.00 |
| High | 8,834.40 |
| Low | 8,781.80 |
| Close | 8816.60 |
Top Gainers
|
| AMBUJACEM | 239.00 |
| ACC | 1483.90 |
| SUNPHARMA | 673.90 |
| ICICIBANK | 290.30 |
Top Losers
|
| DRREDDY | 3090.00 |
| CIPLA | 599.95 |
| HINDALCO | 189.55 |
| TATAMTRDVR | 330.40 |
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