Outlook Of Nifty/bank nifty today

Nifty:  

Nifty Outlook

Nifty seems positive in the beginning of September contract. For the day nifty opened@ 8609 and closed at 8649 where high was marked at 8669. We found interested buyers to pull the index price where the automobile sector was buyers pick. Tata motors gain the volume of more than 1Cr for the day. 8685 is the prior handle to break the opening of new highs

tgh777

Bank Nifty:  

Bank Nifty gave a flat closing for the day. It formed a doji candle on daily frame. High was marked at 19431 and low was marked at 19182. As a factor of Doji we expect banking index to take a positive move tomorrow, which can head new highs for buyers. Where micro finance can be first choice.

Nifty Trends
   R18680
R28760
S18580
S28540

 

Technical Outlook

Nifty Day Performance
   Open8,609.90
High8,669.80
Low8,578.00
Close8649.75

 

Top Gainers
ZEEL532.30
TATAMOTORS525.15
HEROMOTOCO3413.00
RELIANCE1059.30

 

Top Losers
HCLTECH755.10
WIPRO478.00
TECHM450.05
LUPIN1480.00

Starindiamarket

SEBI Register company-Star India Market Research-An investment advisor gives stock tips, equity tips, commodity tips, mcx tips, ncdex tips, agri commodity tips.

Latest posts by Starindiamarket (see all)

Post Comment