Wednesday 11 April 2018

Outlook Of Nifty/Bank Nifty Today

Nifty: 
Nifty Outlook 
Nifty market extended gains for fourth consecutive session and closing above 10,400 levels for the first time since March 14 this year on positive global stocks after China's comments soothed trade war tensions. Investors await corporate earnings that will start later in the week with Infosys numbers. Nifty traded in the tight range of 50 points in today’s trading session and closed near around its day high buying may continue if able to give breakouts of 10440 and sustain above it. 
Bank Nifty: 
Bank Nifty Outlook 
Bank Nifty extended positive move for the Fourth consecutive session Overall the Bank Nifty are displaying more strength than weakness and closed near around its major resistance i.e. of 25280-25300 if able to give breakouts than buying may continue. For now 24850 will act as a support for now.



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