Nifty:
Nifty Outlook
Nifty traded on negative note today. Index lost numbers in today’s trading session. Nifty took a gap up opening later covered the gap and futher slipped to the lower levels. Index closed below 10,400 level. Nifty-50 futures slipped and bears dominated the day, We may see Nifty witnessing resistance around 10450 – 10570 level. Midcap and small cap index too also lost and witnessed the negative numbers.
Bank Nifty Outlook
Bank Nifty Index saw a negative movement and and lost the numbers in today’s trading session. Index was seen loosing and bears gained control for today’s trading session. Few PSU players in the sector as well as private banks slipped and lost the numbers for the day. Next 25750 can be seen as major resistance for the index.
Nifty Trends
|
| R1 | 10450 |
| R2 | 10570 |
| S1 | 10291 |
| S2 | 10150 |
Technical Outlook:
Top Gainers
|
| IBULHSGFIN | 1,232.50 |
| BHARTIARTL | 507.00 |
| BOSCHLTD | 21,199.00 |
| ICICIBANK | 311.85 |
Top Losers
|
| ITC | 261.00 |
| ONGC | 189.35 |
| COALINDIA | 283.30 |
| INFRATEL | 428.00 |
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