Nifty | Bank Nifty Outlook

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Nifty:

Nifty traded on positive note today. Index surged up and made a record high for the day. Nifty-50 futures touched 10600 level, new high. Midcap and small-cap counters gained and moved positive for the day. Following the global cues, index was positive. Auto companies added gains and were seen positive for the day. In further trading session 10910 can be market resistance for index.

Bank Nifty:

Bank Nifty Index saw a positive note for today and gained around 300 points for the day, while the bulls dominated for the day. Private and PSU players performed well for the day and were seen gaining marginally, ICICI Bank traded positive and gained for the day. Next, 26000 can be seen as major resistance for the index.




Nifty Trends
   R1
10700
R2
10901
S1
10300
S2
10150

Technical Outlook

Top Gainers
MARUTI
9,050.00
TATAMOTORS
372.80
LT
1,344.00
INDUSINDBK
1,691.35

Top Losers
SUNPHARMA
555.40
TCS
3,025.60
TECHM
611.45
INFY
1,139.95


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