Thursday 16 November 2017

Daily Nifty/Bank Nifty News Letter

Nifty:  

Nifty Outlook

Nifty traded on negative note today. Index lost numbers in today’s trading session.  Nifty lost numbers and further slipped to the lower levels. Index closed around 10,150 level. Nifty-50 futures slipped and bears dominated the day, We may see Nifty witnessing resistance around 10050 – 9950 level. Midcap and small cap index too also lost and witnessed the negative numbers.

Bank Nifty:  

 

Bank Nifty Outlook

Bank Nifty Index saw a negative movement and and lost the numbers in today’s trading session. Index was seen loosing and bears gained control for today’s trading session. Few PSU players in the sector as well as private banks slipped and lost the numbers for the day. Next 25200 can be seen as major resistance for the index.

Nifty Trends

   R110350
R210210
S110050
S29950

Technical Outlook:

Top Gainers

HINDPETRO421.65
BPCL504.70
AMBUJACEM276.00
IOC392.60

Top Losers

HINDALCO254.05
ONGC177.65
SUNPHARMA513.55
IBULHSGFIN1,166.70

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