December 18, 2017

Nifty:

Nifty Outlook

Nifty traded on sideways today. Bear dominated the market in last minute trading session for the day . Nifty-50 futures moved in the range and managed to trade above 9900 level. Pull back in Coal India was seen from the lower level and gained almost 5-percent for the day. Cipla, Kotak Mahindra lost the most for the day. For coming session again Bulls will have a struggle for further upward movement.

Bank Nifty:

Bank Nifty Outlook

Bank Nifty Index saw a sideways movement for the day. Morning hours strengthened the bull and was trading positive, in later hour fall was seen in the index. PSU players lead the recovery and PSU Index was down by half percent. Next 24700 will act as strong resistance for the index for coming trading sessions.

Nifty Trends

R1 9880
R2 10135
S1 9775
S2 9610
Technical Outlook:

Nifty Day Performance

Open 9,927.90
High 9,940.00
Low 9,881.60
Close 9909.45

Top Gainers

INFY 1,021.05
NTPC 177.00
COALINDIA 247.00
VEDL 304.10

Top Losers

CIPLA 574.00
ACC 1,775.00
MARUTI 7,575.00
KOTAKBANK 984.45

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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