February 21, 2017


Nifty Outlook

Good buying supported the index prices to break the resistance and we almost covered the fall of 29th September and we closed positive today at 8779 good profit booking was seen on the buying pockets. Further we expect the prices to head for 8850, acting as a immediate resistance and 8660 as support


 Bank Nifty:  

Bank Nifty performed well by gaining 282 points for the day, opening was marked at 19511 and banking index closed at 19685. Expected recovery had taken place and now we are looking ahead for the 19970 handle which is again a brick of long consolidation. Tomorrow we have the monitory policy on to which a good volatility is expected.


Nifty Trends

   R1 8750
R2 8900
S1 8450
S2 8300

Technical Outlook:

Nifty Day Performance

   Open 8,790.10
High 8,820.00
Low 8,765.00
Close 8799.70


Top Gainers

ZEEL 564.80
M&M 1414.00


Top Losers

ONGC 272.45
GAIL 402.75
SBIN 261.00

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


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