Monday 20 November 2017

Weekly Nifty News Letter

Nifty:  

Nifty Outlook

The Nifty50 opened with a big gap on the upside but failed to hold onto momentum and closed below its opening levels making a small bull candle kind of pattern on the daily charts on Friday. The index which started with a bullish note after rating agency Moody’s, upgraded Indian government bond rating to Baa2 from Baa3, while changing the outlook to stable from positive came as a big surprise to the market.

 

Nifty Trends

   R110564
R210741
S110154
S210049

Technical Outlook:

Top Gainers

HDFC1,702.20
CIPLA605.75
MARUTI8,337.00
TATAMOTORS421.70

Top Losers

TECHM484.00
INFY965.50
BOSCHLTD18,962.00
TCS2,708.20

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