February 18, 2018


Nifty Outlook

Index performed well for the course of week, with a good support of budget which pushed the price to 150 points for the day and prices hit to three months high. We still expect some positive wave in coming days and many result and policy are yet to come. Still a fine print of budget is about to come which can bring some new buzz in the air. This could lead the prices to 8900 handle, while support can be taken at 8640.


Bank Nifty:  

Bank Nifty Outlook

Sitting on the resistance we are expecting some more upside from Bank Nifty, as we are heading to two months high, now prices are expected to hit for 20400 and 20700 in coming week, also the major move can be seen in PSU banks else than the major banking stocks. This can result in new buying and volume upside in index while support falls at 19800

Nifty Trends

   R1 8840
R2 9050
S1 8640
S2 8500

Technical Outlook:

Nifty Day Performance

   Open 8791.40
High 8808.60
Low 8780.40
Close 8,740.95


Top Gainers

TECHM 481.00
CIPLA 608.70
BHEL 142.55


Top Losers

BOSCHLTD 22350.00
ZEEL 495.00
EICHERMOT 23320.00


SEBI Register company-Star India Market Research-An investment advisor gives stock tips, equity tips, commodity tips, mcx tips, ncdex tips, agri commodity tips.


Comments are closed.

NOTE : You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on MCXStar.com are their own, and not that of the website or its management. MCXStar.com advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.