Daily Nifty | Bank Nifty News Letter

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Nifty

Nifty traded on high volatile note for today. In morning session nifty took a gap up opening and gained numbers in later half. Nifty-50 futures moved in the range and closed below 10400 level. Similar pattern was seen in Midcap stocks and also same was for small cap counters too. For coming session market 10300 is considered to be a strong resistance.


Bank Nifty

Bank Nifty Index saw a volatile movement for the day. Index taking a negative opening and traded negative for later hours of  the day. Fall was seen though managed to sustain above 24800.  Few Private players lost numbers for the day, while PSU bank players were seen dragging. Next 24700 will act as strong support for the index for coming trading sessions.



Nifty Trends
   R1
10700
R2
10810
S1
10300
S2
10210




Technical Outlook




Top Gainers
HCLTECH
945.00
TECHM
594.50
TCS
3,042.35
ITC
268.05



Top Losers
SUNPHARMA
523.90
HINDALCO
241.05
BAJFINANCE
1,600.00
INDUSINDBK
1,597.00




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