Outlook Of Nifty/bank nifty today

Nifty Outlook

Nifty took a slow up side for the day, gap up opening was marked at 8254 and closed at 8264. As told in previous report good buying was seen in today’s session. We are still positive to have some upside in index prices for newer levels at 8340 in coming days & support fall at 8220.


Bank Nifty:

Bank Nifty Outlook

A gap up opening was made by bank nifty and as well it was sustain by the time a good up trend can be seen on chart, while the closing was marked red for the last hour, prices opened at 18050 and closed at 18137. As yesterday, we expect some positive move for tomorrow’s trading session. Where prices can hit for 18325 and support can be taken at 18025.

Nifty Trends

R1 8340
R2 8400
S1 8200
S2 8130
Technical Outlook:

Nifty Day Performance

Open 8,254.70
High 8,298.70
Low 8,236.15
Close 8288.20

Top Gainers

YESBANK 1209.45

Top Losers

TECHM 487.45
TCS 2334.00
HCLTECH 844.55
GRASIM 860.70