What Nifty and Bank Nifty Says On 13-10-2016

INDORE, India - Oct. 12, 2016 - PRLog -- Nifty perform flat for the day where a long consolidation was seen all the daylong where high was marked @ 8775.90 and low @ 8732.15 looking on chart major resistance falls at 8795 which seems tough to break on other hand 8680 becomes a major support. For coming days we expect index prices to take some pull and can be seen at 8810 handle.

Long red candle was formed by bank nifty for the day where prices resist falling from support handle of 19400. Looking on upper side prices are heated up to break the level of 19700, for the coming trading session we believe the prices to take upside till 19900. For the day there was no stock from banking sector to fall in top five gainer & looser.

Nifty Trends

  R1    8870

R2       8980

S1        8650

S2        8500

Nifty Day Performance

  Open          8,746.40

High    8,775.90

Low     8,732.15

Close   8739.95

Top Gainers

TATASTEEL   419.30

ACC     1667.00

ASIANPAINT  1211.00

CIPLA  581.40

Top Losers

BHARTIARTL          315.55

RELIANCE      1096.00

ADANIPORTS 264.00

NTPC  146.75

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