Nifty Outlook:
As
forecasted yesterday we saw index approaching the 9000 handle but can’t
sustain above 9000. Prices closed red at 8958 and opening was hit at
8975 for the day prices dropped at 8916. We expect some correction in
coming days to 8900.
Bank Nifty Outlook:
We
saw a break to 20900 today which was forecasted in previous report. But
prices can’t sustain above it we got closing at 20797 and looking on
the chart the consolidation of last four days got a break and now we
expect some more upside from the current level .
Nifty 50 Gainers
|
| Stock | Price |
| BOSCHLTD | 22760.05 |
| BHARTIARTL | 364.90 |
| INFRATEL | 309.00 |
| YESBANK | 1481.75 |
| LT | 1493.00 |
Nifty 50 Losers
|
| Stock | Price |
| TECHM | 476.50 |
| BPCL | 622.25 |
| GRASIM | 996.00 |
| ICICIBANK | 270.50 |
| NTPC | 156.70 |
Nifty Resistance & Support
|
| R1 / R2 | 9010/9080 |
| S1 / S2 | 8910/8840 |
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