Nifty:
Nifty Outlook
Nifty traded on positive note today. Index gained strength and ended record higher, with the Nifty trading above 10,350 level, backed by banking stocks. Nifty-50 futures ended higher on bullish sentiments among traders, We may see Nifty witnessing resistance around 10450 – 10510 level. Midcap and small cap index too traded on positive sentiments.
Bank Nifty Outlook
Bank Nifty Index saw a positive rally and ended around the record high. Index opened on positive note and also traded positive for the day. Bulls were seen dominating the day for the Index. Few PSU players in the sector as well as private banks gained for the day. Next 25300 can be seen as major resistance for the index.
Nifty Trends
|
| R1 | 10450 |
| R2 | 10510 |
| S1 | 10250 |
| S2 | 10100 |
Technical Outlook:
Top Gainers
|
| YESBANK | 315.15 |
| LUPIN | 1,025.00 |
| INFRATEL | 427.70 |
| EICHERMOT | 32,430.00 |
Top Losers
|
| HCLTECH | 838.75 |
| HINDUNILVR | 1,237.70 |
| ITC | 265.20 |
| WIPRO | 293.00 |
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