Dailly Equity News Letter 12-12-2017

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Presentation Description

Nifty traded on positive note today. Index surged up and added gains for the day. Nifty-50 futures touched 10470 level, Midcap and small-cap counters gained and moved positive for the day.


Presentation Transcript

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2017 Star India Market Research 12/12/2017 Daily Nifty/Bank Nifty News Letter Nifty traded on positive note today. Index gained strength in today’s trading session with the Nifty trading above 10320 level backed by positive sentiments of stocks.

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Outlook Of Nifty/bank nifty today Nifty: Nifty Outlook Nifty traded on positive note today. Index gained strength in today’s trading session with the Nifty trading above 10320 level backed by positive sentiments of stocks. Nifty-50 futures ended bullish sentiments among traders We may see Nifty witnessing resistance around 10410 – 10600 level. Midcap and small cap index too traded on positive sentiments. Bank Nifty: Bank Nifty Outlook Bank Nifty Index saw a positive rally and in today’s trading session Morning hours strengthened the closed positive for the day. Bulls were seen dominating the day for the Index. Few PSU players in the sector as well as private banks gained marginally for the day. Next 25650 can be seen as major resistance for the index. Nifty Trends R1 10410 R2 10600 S1 10250 S2 10150

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Technical Outlook Top Gainers AUROPHARMA 690.90 TCS 2670.00 UPL 746.00 MM 1417.85 Top Losers INFRATEL 368.10 NTPC 177.70 ASIANPAINT 1127.50 YESBANK 310.90

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