Nifty:
Nifty Outlook
Nifty traded on sideways today. Market reversed the week’s gain in today’s trading session. Nifty-50 futures moved in the range and traded below 9950 level., Kotak Mahindra gained the most for the day. Gain in Midcap stocks were seen and also same was for small cap counters. For coming session market is still looking forward to the global ques.
Bank Nifty Outlook
Bank Nifty Index saw a sideways movement for the day. Morning hours strengthened the bull and was trading positive, in later half also market traded positive. Private players HDFC, Kotak Mahindra performed well and gained the momentum for the day, while PSU bank were seen weak. Next 24500 will act as strong resistance for the index for coming trading sessions.
Nifty Trends
|
| R1 | 10000 |
| R2 | 10150 |
| S1 | 9850 |
| S2 | 9750 |
Technical Outlook:
Top Gainers
|
| IBULHSGFIN | 1,265.00 |
| HINDALCO | 246.00 |
| COALINDIA | 257.10 |
| ULTRACEMCO | 4,150.00 |
Top Losers
|
| SUNPHARMA | 474.10 |
| BOSCHLTD | 21,505.05 |
| ITC | 275.60 |
| LUPIN | 970.00 |
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