Outlook Of Nifty/bank nifty today

Nifty:

Nifty Outlook

Nifty prices take a down pull today also, it closed red at 8080 where the opening was marked at 8120 from last three days prices are trying hard to take some up side but 1830 is acting as a major resistance for it. We expect this down side to be continued for coming days as well and one can expect the prices to be at 8030

339725-stockmoney

Bank Nifty:

Bank Nifty Outlook

Bank Nifty took a long pull in the first half of the market hours, and a little recovery was seen later where prices closed at 18100 and opening was marked at 18162. Talking about the sector all the banking stocks and even the microfinance companies made a red candle on chart. This down side can be continued in coming days for 18000 levels as well

Nifty Trends

R1 8140
R2 8260
S1 8030
S2 7970
Technical Outlook:

Nifty Day Performance

Open 8,120.50
High 8,124.50
Low 8,073.05
Close 8080.65

Top Gainers

ULTRACEMO 3185.00
LUPIN 1466.00
NTPC 163.65
MARUTI 5159.65

Top Losers

INFRATEL 336.25
SUNPHARMA 614.30
ITC 262.20
IDEA 72.15