Tuesday, 20 March 2018

Outlook Of Nifty/bank nifty today

Nifty: 
 Nifty Outlook 
Nifty traded on negative note today. Index lost numbers in today’s trading session. Nifty took a gap down opening later took a fall and sustained around the lower levels. Index closed above 10,150 level. Nifty-50 futures slipped and bears dominated the day, We may see Nifty witnessing support around 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 private banks slipped and lost the numbers for the day. Next 24000 can be seen as major resistance for the index.




Nifty Trends
   R1         10250
R2           10410
S1            10050
S2           9900

Technical Outlook

Top Gainers
NTPC                       166.85
POWERGRID        194.40
MARUTI                 8,768.75
HINDUNILVR       1,312.00

Top Losers
HCLTECH              923.00
TATASTEEL          574.00
BHARTIARTL       399.55
TECHM                 609.70

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