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
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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.
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