Daily NIFTY | BANK NIFTY News Letter
Nifty
Nifty traded on positive note today. Index
gained strength in first half of the trading session later the correction was
seen, with the Nifty trading above 10,500 level, backed by positive sentiments
of stocks. Nifty-50 futures ended mixed yet on bullish sentiments among
traders, We may see Nifty witnessing resistance around 10610 – 10740 level.
Midcap and small cap index too traded on positive sentiments.
Bank Nifty
Bank Nifty Index saw a positive rally and
and touched a new high in today’s trading session. Index was seen positive in
first half of the trading session later the correction was seen. Bulls were seen dominating the day for the
Index. Few PSU players in the sector as well as private banks gained for the
day. Next 25750 can be seen as major resistance for the index.
Nifty Trends
|
|
R1
|
10610
|
R2
|
10740
|
S1
|
10400
|
S2
|
10300
|
Technical Outlook
Top Gainers
|
|
ONGC
|
199.00
|
M&M
|
1,370.50
|
INFRATEL
|
423.95
|
TATAMOTORS
|
457.90
|
Top Losers
|
|
HINDPETRO
|
433.75
|
ZEEL
|
528.15
|
YESBANK
|
319.50
|
UPL
|
761.05
|
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