Friday, 1 September 2017

Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty traded on positive note today. last trading hours of the market added positive numbers to the index. Nifty-50 futures managed to close above 9900 level, Midcap counter also saw gain and same was with small-cap counters too. Contract expiry did not deter the positive sentiment for the market. In further trading session sessions range of 9900 to 9700 can be seen

Bank Nifty:  

 

Bank Nifty Outlook

Bank Nifty Index saw a positive note for today and trading in range for the day, while the bull’s head was high for the day. Private players performed well for the day, HDFC bank gained and traded positive for the day, while not much positive movement was seen in PSU bank. Next, 24000 can be seen as major support for the index

Nifty Trends

   R19950
R210050
S19800
S29700

Technical Outlook:

Nifty Day Performance

   Open9,871.00
High9,922.05
Low9,855.20
Close9917.00

Top Gainers

WIPRO297.85
MARUTI7,720.00
TATAPOWER79.25
RELIANCE1,595.40

Top Losers

BOSCHLTD21,913.80
INFRATEL376.25
COALINDIA238.05
INFY915.00

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