Nifty 50 report money classic research

Page 1

2ND FEB 2016


TOP 5 MOVERS RESISTANCE RESISTANCE

NAME

2

1

ADANIPORTS

227.43

224.02

YESBANK

796.47

AMBUJACEM

SUPPORT SUPPORT

PIVOT

1

2

218.38

214.97

209.33

785.83

765.17

754.53

733.87

204.23

202.22

198.78

196.77

193.33

BHARTIARTL

302.20

299.60

295.40

292.80

288.60

COALINDIA

341.40

334.45

323.05

316.10

304.70

INDEX PIVOT LEVELS RESISTANCE 2

RESISTANCE 1

PIVOT

SUPPORT 1

SUPPORT 2

NIFTY 50

7625.08

7590.52

7565.88

7531.32

7506.68

NIFTY BANK

15671.3

15492.9

15387.1

15208.7

15103.0

INDEX

Contact No. +91-903-977-7700

www.moneyclassicresearch.com


TECHNICAL VIEW ON NIFTY The market ended flat with negative bias ahead of RBI monetary policy review on Tuesday. The Nifty touched 7600 intraday but was seen struggling below the psychological level most of the time. The 50-share index was down 7.60 points or 0.1 percent at 7555.95 and the Sensex slipped 45.86 points or 0.2 percent at 24824.83. The Reserve Bank of India is unlikely to take any interest rate action at the monetary policy meeting tomorrow. According to a CNBC-TV18 poll of economists the market seems to have factored in a no-action policy from RBI chief Raghuram Rajan at the bi-monthly meet. The RBI is also likely to maintain the word 'accommodative policy' in its monetary policy statement.

Contact No. +91-903-977-7700

www.moneyclassicresearch.com



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