March 18, 2018


Nifty Outlook

Nifty gave a long red candle for the day where the opening was very positive even we got a break through the 9000 level but this break became false and prices rolled all the way down to 8898 and closed negatively at 8912. The good thing was that prices sustained the support handle. We expect some correction in prices for tomorrow to the level of 8880


Bank Nifty:  

Bank Nifty Outlook

Weakness in bank nifty prices were seen today where it went down to 20580 a down side of 215 was marked today. Also the gap was covered today, which was formed on chart yesterday. We expect some more down side for tomorrow for the level of 20500 for the day Baharatfin and Icicibank were the most active stock.

Nifty Trends

   R1 9020
R2 9080
S1 8900
S2 8850

Technical Outlook:

Nifty Day Performance

   Open 9,001.00
High 9,018.30
Low 8,898.25
Close 8917.20


Top Gainers



Top Losers

BPCL 631.00
IDEA 109.55

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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