Outlook Of Nifty/bank nifty today

Nifty:

Nifty Outlook

Nifty opened positive for the day but prices felt jaw down in the last two hours. Where high was marked at 8100 and low at 8024. As tomorrow it would be the expiry of December & 2016 contract a huge volatility is expected. A strict support falls at 7040 and resistance comes at 8125. For the day Infratel was top in the gainers list.

sensex-gainers-13-april

Bank Nifty:

Bank Nifty Outlook

Bank Nifty fall to 17830 after making high of 18058. Major change in prices came in the last hour of the day when a sharp fall was seen on chart. In the starting buyers lead the index prices supported by banking stocks as well, over all it was a negative day. Big volatility is expected tomorrow as it would be expiry of Dec Contract, major support falls at 17650.

Nifty Trends

R1 8100
R2 8160
S1 7970
S2 7820
Technical Outlook:

Nifty Day Performance

Open 8,044.00
High 8,100.00
Low 8,024.00
Close 8031.35

Top Gainers

INFRATEL 399.90
COALINDIA 295.55
IDEA 71.40
INDUSINDBK 1081.00

Top Losers

TATAMTRDVR 219.50
YESBANK 1112.00
RELIANCE 1051.15
HEROMOTCO 3002.50