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
further slipped to the lower levels. Index touched below 10,000 level and
showed 4-digit number. Nifty-50 futures slipped and bears dominated the day, We
may see Nifty witnessing support around 9950 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 23600 can
be seen as major resistance for the index.Technical Outlook
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