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Nifty Outlook:


The Nifty50 opened with a big gap on the upside but failed to hold onto momentum and closed below its opening levels making a small bull candle kind of pattern on the daily charts on Friday. The index which started with a bullish note after rating agency Moody’s, upgraded Indian government bond rating to Baa2 from Baa3, while changing the outlook to stable from positive came as a big surprise to the market. 

Nifty Trends
   R1
10564
R2
10741
S1
10154
S2
10049



Technical Outlook




Top Gainers
HDFC
1,702.20
CIPLA
605.75
MARUTI
8,337.00
TATAMOTORS
421.70


Top Losers
TECHM
484.00
INFY
965.50
BOSCHLTD
18,962.00
TCS
2,708.20


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