NIFTY WEEKLY REPORT

Nifty Outlook:

Equity benchmarks ended mildly higher on Friday after volatile trade throughout session ahead of September industrial output and October inflation data due next week. ICICI Bank, Reliance Industries and Indiabulls Housing were the top gainers on both indices, while ONGC, Bharti Airtel and Coal India lost the most.






Nifty 50 Gainers
Stock
Price
SBIN
333.80
LT
1,272.10
HINDUNILVR
1,292.00
ULTRACEMCO
4,480.00
M&M
1,395.00













Nifty 50 Losers
Stock
Price
AUROPHARMA
743.10
TATAMOTORS
421.55
HINDPETRO
416.90
BOSCHLTD
20,610.55
BPCL
513.00












Nifty Resistance & Support
R1 / R2
10476/10629
S1 / S2
10212/10046







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Comments

  1. The BSE Sensex Index closed 294 points higher at 34,300, while the Nifty50 closed 85 points higher at 10,540.
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  5. PresentlyNifty is trading in a Flag pattern and likely to consolidate for few daysbefore fresh breakout. Probable resistance on the upside comes at 11650-11700and probable support comes at 11400.
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