Monday, 19 March 2018

Daily Nifty/Bank Nifty News Letter

Nifty: 

Nifty Outlook 
 Nifty traded on mixed yet negative note today. Index lost numbers in today’s trading session, and Nifty trading below 10,350 level. Nifty-50 futures slipped and bulls seemed to loose control, We may see Nifty witnessing support around 10150 – 10050 level. Midcap and small cap index too also lost and witnessed the negative numbers. 


Bank Nifty: 

Bank Nifty Outlook
Bank Nifty Index saw a negative movement 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 few private banks lost the gain for the day. Next 25050 can be seen as major support for the index. 

Nifty Trends
 R1       10350
 R2       10550 
S1        10150 
S2       10050 

Technical Outlook 

Top Gainers 
M&M                      742.15 
YESBANK             314.50 
HINDUNILVR        1,309.95 
WIPRO                  295.00 

Top Losers 
IOC                                 183.95 
TATAMOTORS               339.50 
ULTRACEMCO             4,040.50 
BPCL                             446.20


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