Outlook Of Nifty/bank nifty today
Nifty pulled prices to 8727 and closed red at 8743, as forcasted today was the sellers day for index as well as for stocks. Tatamotors and Tatamtrdvr were the biggest looser for the day. 8730 became the support today but we expect prices to trend soon at 8670 in coming days.
Bank Nifty Outlook
Banknifty sustained on the support handle of 20150 and was unable to broke the support level. We can still see some more down side in banknifty in coming days by breaking the support and prices can approach for 20000 levels. For the day Yesbank became the sellers choice.
Nifty Day Performance