TODAY Nifty/Bank Nifty News Letter

Nifty:

Nifty Outlook

Index prices gave a flat move today. Prices opened at 8824 and made a high of 8830 just near to the opening, where dip was marked at 8786. As forecasted yesterday we saw a downside in prices and this dip seems to be continued further in coming days as well where prices can land at 8770.

1440

Bank Nifty:

Bank Nifty Outlook

Banking index is performing flat from last two days and the same has been repeated today as well. Prices opened at 20328 and close down at 20298. We are still on selling side for bank nifty and on banking stocks as well. Sell from high will be a good strategy to work on.

Nifty Trends

R1 8890
R2 9050
S1 8750
S2 8600
Technical Outlook:

Nifty Day Performance

Open 8,824.00
High 8,830.00
Low 8,786.10
Close 8814.85

Top Gainers

BHARTIARTL 368.65
GAIL 495.80
IDEA 109.50
BHEL 157.40

Top Losers

TATAMOTRDVR 288.50
TATAMOTORS 467.15
BPCL 691.00
ZEEL 512.90