Daily Nifty/Bank Nifty News Letter

Nifty:  

Nifty Outlook

Index took a good upside today , after the previous green candle we feel bit confident for buyers side. Nifty index is making a strong resistance on 8160 handle where in last three to five hours prices moved in a short range on 25 points. Next approaching handle would be 8200 in coming days.

nifty-technical-analysis1

Bank Nifty:  

Bank Nifty Outlook

Bank Nifty tried hard to pull the prices up but closed red with a Doji candle. For the day it was flat move where high was marked at 18541 and low at 18251. Still major support falls at 18250 and resistance falls at 18530. For coming days we are bit in buying favour.

Nifty Trends

   R1 8200
R2 8275
S1 8020
S2 7930

Technical Outlook:

Nifty Day Performance

   Open 8,088.25
High 8,168.45
Low 8,078.25
Close 8150.60

 

Top Gainers

BHARTIARTL 321.20
TATAPOWER 72.75
ZEEL 456.00
IDEA 76.40

 

Top Losers

BANKBARODA 162.70
SBIN 254.05
INDUSINDBK 1046.15
YESBANK 1148.00

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