Outlook Of Nifty/bank nifty today

Nifty:

Nifty Outlook

Nifty gave a long green candle for the day where the opening was very positive even we got an upside of 9933 prices closed on the previous support and we expect some positive move in next trading session, as on short frame a bottom is formed on chart that can pull prices to 8990 handle.

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Bank Nifty:

Bank Nifty Outlook

Taking support at 20500 levels bank nifty took an upside for 20620 and closed positive at 20580. Covering the down side gap prices took up move in the last hours, we are still positive on bank nifty and can see a rally for 20700 in coming trading session.

Nifty Trends

R1 9010
R2 9080
S1 8880
S2 8800
Technical Outlook:

Nifty Day Performance

Open 9,001.00
High 9,018.30
Low 8,898.25
Close 8917.20

Top Gainers

INFRATEL 307.60
HINDALCO 198.85
CAIL 519.30
GRASIM 1021.55

Top Losers

BOSHLTD 21130.00
HDFC 1370.50
AMBUJACEM 225.05
ASIANPAINT 1015.00