Nifty opened gap up at 8808 and sustained well above the support level of 8750. Although it was a flat day with a good pull back in the index prices at the beginning itself. As forecasted a good break in nifty was seen today and we closed well at 8815 for coming days we expect prices to trend above 8900 following by a major support of 8700
Bank Nifty Outlook
Almost a recovery of 170 points was seen in bank nifty for the day. Prices closed green at 20427. We got a break through the 20300 handle and now we expect some more new upside from the bank nifty. Where icicibank was most gaining stock in the banking sector for the day.
Nifty Day Performance