Nifty / Bank Nifty Outlook

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Nifty


Nifty traded onhigh volatile note for today. In morning session nifty moved on a bit positive note and later slipped down. Nifty-50 futures moved in the range and close below 10050 level. Similar pattern was seen in Midcap stocks and also same was for small cap counters too. For coming session market 10200 is considered to be a strong support.

Bank Nifty


Bank Nifty Index saw a volatile movement for the day. Index taking a flat opening, took a fall in later hours of  the day. From last three consecutive days fall was seen.  Few Private players as well as PSU bank players were seen dragging and losing numbers. Next 24700 will act as strong support for the index for coming trading sessions.



Nifty Trends
   R1
10600
R2
10710
S1
10250
S2
10010



Technical Outlook



Top Gainers
AMBUJACEM
265.70
VEDL
329.00
COALINDIA
311.00
INFRATEL
334.45




Top Losers
M&M
709.00
AXISBANK
530.70
KOTAKBANK
1,041.75
AUROPHARMA
574.00




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Comments

  1. Clara Mellor21 February 2018 at 16:32

    Nice & informative blog. a commodity market is a market that trades in primary economic sector rather than manufactured products.Soft commodities are agricultural products such as wheat, coffee, cocoa and sugar. Hard commodities are mined, such as gold and oil.capitalstars provide free commmodity tips.Commodity tips

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