February 20, 2018


Nifty Outlook

Nifty pulled the prices from the support handle and closed at 8787. A good buying from the dips was made today, for tomorrow 8820 is a major resistance and 8745 will be strong support to be followed. Pharma was the major sector to see some good buying where sunpharma was 4.27 % positive and Auropharma was 4.10 %


Bank Nifty:  

Bank Nifty Outlook

Making a low of 20119 bank nifty pulled the prices to 20326 and closed positive at 20285. Where SBIN & ICICIBANK were the main active stocks and became the traders choice for banking sector. It becomes bit tough to enter at this point into the bank nifty. So buy above 20350 would be better following the support of 20250.

Nifty Trends

   R1 8800
R2 8910
S1 8700
S2 8630

Technical Outlook:

Nifty Day Performance

   Open 8,760.00
High 8,796.15
Low 8,734.00
Close 8787.60


Top Gainers

INFY 1012.00
MARUTI 6030.75


Top Losers

ITC 266.30
LT 1465.00

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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