Nifty:
Nifty Outlook
Nifty moved on negative note for today. Index slipped for 6
th consecutive day and closed around 9850. Geopolitical concerns raised fears in the traders, which moved the sentiments negative although a slight correction was observed in last trading hours. Midcap and small-cap counters moved volatile for the day. For next trading session 9725 can be market support for index.
Bank Nifty:
Bank Nifty Outlook
Bank Nifty Index saw a negative movement, lost the gain of earlier trading sessions. Index traded volatile and moved around the lower levels. PSU players as well as private players lost the gains for the day and a volatile movement was observed in the stock. Global and domestic cues affected the market and kept the sentiment negative. Next 23800 can be seen as major support for the index.
Nifty Trends
|
| R1 | 10000 |
| R2 | 10200 |
| S1 | 9725 |
| S2 | 9600 |
Technical Outlook:
Top Gainers
|
| VEDL | 317.65 |
| ONGC | 170.30 |
| IBULHSGFIN | 1,239.50 |
| TATASTEEL | 655.00 |
Top Losers
|
| BPCL | 468.50 |
| INFRATEL | 376.40 |
| TATAPOWER | 79.85 |
| HINDUNILVR | 1,217.00 |
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