December 8, 2016

Nifty:  

Nifty Outlook

Nifty started well for the day and gave a good opening but later when we got the news update for Surgical Strikes attack on Pakistan where Index and stocks just hit the bottom and bottom and for the day it was the next big fall after 21st July. We found no way to get recover from the dips. Where nifty hit the low of 8562 and down fall of 170 points was marked. Sitting on the support we believe the prices to dip more for 8400 handle

stock-market-predictions-2

 Bank Nifty:  

Pakistan attack news dropped the Banking Index for 532 points. And for the expiry we ended red and at 19159 for the day we got a rush of sellers after the news release and the same happen into the Karachi Stock Market as well. As it was a bad day for Stock Market and we hope to get recover from all this mess as soon as possible for the time being we can see Banking index to hit at 18500 in the heat remain same for War.

Nifty Trends

   R1

8650

R2

8300

S1

8450

S2

8300

Technical Outlook:

Nifty Day Performance

   Open

8,801.25

High

8,801.95

Low

8,562.05

Close

8588.35

Top Gainers

INFRATEL

375.40

TCS

2437.00

COALINDIA

329.90

 

Top Losers

BHEL

133.50

AUROPHARMA

831.45

HINDALCO

150.45

ADANIPORTS

260.00

SEBI Register company-Star India Market Research-An investment advisor gives stock tips, equity tips, commodity tips, mcx tips, ncdex tips, agri commodity tips.

Starindiamarket

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