Today's Nifty / Bank Nifty Outlook

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Nifty

Nifty traded on high volatile note for today. In morning session nifty gained numbers but in later half was seen loosing. Nifty-50 futures moved in the range and close above 10500 level. Similar pattern was seen in Midcap stocks and also same was for small cap counters too. For coming session market 10350 is considered to be a strong support.


Bank Nifty


Bank Nifty Index saw a volatile movement for the day. Morning hours gained numbers, later negative numbers for the day. Taking a positive opening rose almost 150 points for the day and later lost more.  Few Private players and PSU bank players gained marginally for the day. Next 25250 will act as strong resistance for the index for coming trading sessions.


Nifty Trends
   R1
10350
R2
10210
S1
10610
S2
10750


Technical Outlook

Top Gainers
SUNPHARMA
573.75
TECHM
501.45
DRREDDY
2,395.10
WIPRO
306.60
Top Losers
IOC
401.00
BHARTIARTL
533.05
ICICIBANK
312.50
ULTRACEMCO
4,272.00



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Comments

  1. Sadhana s31 March 2020 at 07:52

    Good information. Thanks for sharing. If you want to know more about stock market related topics then visit Bank Nifty
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  2. Sadhana20 August 2020 at 17:57

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