Nifty:
Nifty Outlook
Nifty traded on sideways today. Market lost numbers in today’s trading session. Nifty-50 futures moved in the range and traded below 9950 level. Small Gains were seen in Midcap stocks and also same was for small cap counters. Start of the week market gained the momentum but lost by end of the week on weak global ques. For coming session market 9900 is strong support.
Bank Nifty Outlook
Bank Nifty Index saw a sideways movement for the day. Market lost in morning session and lost in later half of the session. In start of the week bull headed high, while by the end dominated by bears. Private players as well as PSU bank players were seen weak and lost the points for today. Next 24500 will act as strong resistance for the index for coming trading sessions.
Nifty Trends
|
| R1 | 10000 |
| R2 | 10150 |
| S1 | 9900 |
| S2 | 9750 |
Technical Outlook:
Top Gainers
|
| LT | 1,171.70 |
| BHARTIARTL | 403.15 |
| TECHM | 431.00 |
| VEDL | 330.50 |
Top Losers
|
| M&M | 1,294.95 |
| DRREDDY | 2,161.00 |
| BPCL | 513.20 |
| SUNPHARMA | 470.50 |
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