Nifty / Bank Nifty Outlook
Nifty traded on positive note today. Index
surged up and made a record high for the day. Nifty-50 futures touched 10682
level, new high. Midcap and small-cap counters gained and moved positive for
the day. Following the global cues, index was positive. IT companies added
gains and were seen positive for the day. In further trading session 10710 can
be market resistance for index.
Bank Nifty
Bank Nifty Index saw a positive note for
today and gained almost 150 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, IDFC Bank traded positive and gained for the day. Next,
25800 can be seen as major resistance for the index.
Nifty Trends
|
|
R1
|
10710
|
R2
|
10650
|
S1
|
10580
|
S2
|
10451
|
Technical Outlook
Top Gainers
|
|
INFY
|
1,076.50
|
IBULHSGFIN
|
1,228.05
|
BHARTIARTL
|
515.90
|
KOTAKBANK
|
1,017.80
|
Top Losers
|
|
WIPRO
|
320.05
|
INDUSINDBK
|
1,700.70
|
AMBUJACEM
|
271.90
|
CIPLA
|
612.05
|
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