Nifty:
Nifty Outlook
Nifty traded on positive note today. Index gained strength in today’s trading session later closed on positive note, with the Nifty trading above 10,200 level, backed by positive sentiments of stocks. Nifty-50 futures ended mixed yet on bullish sentiments among traders, We may see Nifty witnessing resistance around 10310 – 10450 level. Midcap and small cap index too traded on positive sentiments.
Bank Nifty Outlook
Bank Nifty Index saw a positive rally and and reversal was seen in today’s trading session. Index was seen positive in first half of the trading session later the correction was seen. 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 25200 can be seen as major resistance for the index.
Nifty Trends
|
| R1 | 10310 |
| R2 | 10450 |
| S1 | 10100 |
| S2 | 10006 |
Technical Outlook:
Top Gainers
|
| INFY | 989.95 |
| BAJFINANCE | 1,777.75 |
| SBIN | 333.95 |
| AUROPHARMA | 713.75 |
Top Losers
|
| ADANIPORTS | 398.10 |
| COALINDIA | 269.00 |
| ULTRACEMCO | 4,270.00 |
| BPCL | 501.15 |
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