Daily nifty 50 report

MONEY CLASSIC RESEARCH

NIFTY FIFTY ANALYSIS 21-08-2015

PIVOT LEVELS NAME

SUPPORT 2

SUPPORT 1

PIVOT

RESISTAN CE 1

RESISTANC E2

LUPIN

1752.45

1821.50

1882.05

1951.10

2011.65

ITC

311.35

320.35

325.35

334.35

339.35

BPCL

868.08

885.07

901.98

918.97

935.88

DR REDDYS LABS

4214.73

4255.17

4291.43

4331.87

4368.13

SUN PHARMA

910.48

923.57

944.78

957.87

979.08

INDEX

SUPPORT SUPPORT PIVOT 2 1

RESISTAN CE 1

RESISTAN CE 2

NIFTY

8269.68

8321.22

8411.28

8462.82

8552.88

BANKNIFTY

17913

18098

18404

18589

18896

ď ˝

These range bound market takes maximum profit out of trader who are unable to understand the changing market conditions,best strategy is to wait for breakout of this 100 points range for the target of 8550 on upside and 8240 on downside. As a trader you need to be very adaptive to market conditions and if you are unable to understand just sit out till clarity emerges.

EQUITY DAILY REPORT 21-08-2015 DISCLAIMER • The information contained here was gathered from sources deemed reliable however; no claim is made as to accuracy or content. This does not contain specific recommendations to buy or sell at particular prices or time, nor should any examples presented be deemed as such. There is a risk of loss in commodity trading and you should carefully consider your financial position before making a trade. This is not, nor is it intended, to be a complete study of chart patterns or technical analysis and should not be deemed as such. Money Classic Investment Advisors does not guarantee that such information is accurate or complete and it should not be relied upon as such.

Any opinions expressed reflect judgments at this date and are subject to change without notice.

For use at the sole discretion of the investor without any liability on Money Classic Investment Advisors.

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