Wednesday, June 12, 2019

Todays Forecast: Outlook of Nifty & Bank Nifty Today


Nifty Outlook:-

 

Nifty witnessed panic buying in the closing hour of the trade dhfl, mothersumi, rnaval, tata steel were the top gainers on the Nifty, while losers were PC ibulhsgfin, suzlon, rel capital, biocon. Nifty closed above 20 DMA on daily charts which indicates SELLING can be seen in the coming session.

Daily Chart:





Bank Nifty Outlook:-


 Nifty Bank surge in the last hour of trading session but didn’t able to surpass 30150 marks as well closed below 20 DMA dhfl, mothersumi, rnaval, tata steel were the top gainers on the Nifty, while losers were PC ibulhsgfin, Suzlon, rel capital, Biocon.

Daily Chart: 

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