December 11, 2017

Nifty:  

Nifty Outlook

Nifty traded on mixed yet negative note today. Index lost numbers in today’s trading session, and  Nifty trading below 10,400 level. Nifty-50 futures slipped and bulls seemed to loose control, We may see Nifty witnessing resistance around 10450 – 10570 level. Midcap and small cap index too also lost and witnessed the negative numbers.

Bank Nifty:  

Bank Nifty Outlook

Bank Nifty Index saw a negative movement and and lost the numbers in today’s trading session. Index was seen loosing and Bears gained control for today’s trading session. Few PSU players in the sector as well as private banks lost the gain for the day. Next 25750 can be seen as major resistance for the index.

 

Nifty Trends

   R1 10450
R2 10570
S1 10300
S2 10150

Technical Outlook:

Top Gainers

TECHM 490.00
AXISBANK 547.75
ASIANPAINT 1,168.00
CIPLA 621.00

 

Top Losers

VEDL 323.45
BHARTIARTL 496.30
TATAMOTORS 440.50
LUPIN 839.50

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