Wednesday, 6 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 9950 level, Midcap counter also saw gain and same was with small-cap counters too. In between North Korea tensions market mange to perform . In further trading session sessions range of 10000 to 9800 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, Kotak Mahindra bank gained and traded positive for the day, same was with PSU bank, except SBI. Next, 24500 can be seen as major support for the index.

Nifty Trends

   R19950
R210050
S19850
S29700

Technical Outlook:

Nifty Day Performance

   Open9,945.00
High9,982.00
Low9,915.25
Close9971.60

Top Gainers

COALINDIA253.70
TECHM427.00
ULTRACEMCO4,103.00
AMBUJACEM283.00

Top Losers

BHARTIARTL405.85
SUNPHARMA490.10
INFRATEL372.15
BOSCHLTD22,222.90

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