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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