Nifty 50 report money classic research

Page 1

12 FEB 2016


TOP 5 MOVERS NAME

RESISTAN CE 2

RESISTAN CE1

PIVOT

SUPPORT 1

SUPPORT 2

CIPLA

567

555

536

523

504

BHARTIARTL

321.70

316.85

310.65

305.80

299.60

DRREDDY

3,031.40

2,959.70

2,905.85

2,834.15

2,780.30

IDEA

99.10

103.00

100.90

104.80

96.40

BOSCHLTD

16,416.95

16,505.95

16,303.05

16,392.05

16,587.80

INDEX PIVOT LEVELS INDEX NIFTY 50 NIFTY BANK

RESISTA NCE 2

RESISTA NCE 1

PIVOT

SUPPORT 1

SUPPORT 2

7,297

7,136

7,048

6,887

6,799

14,737.35

14,382.95

14,176.40

13,822.00

13,615.45

Contact No. +91-903-977-7700

www.moneyclassicresearch.com


TECHNICAL VIEW ON NIFTY Markets attained fresh 52-week closing low with Sensex and Nifty breaching 23,000 and 7,000 levels respectively mirroring slump in the global equities after Fed chair Janet Yellen in a testimony to Congress stated that global economic turmoil and massive sell-off in global equity markets could spook the US economy. S&P BSE Sensex slumped 807 points to close at 22,952 and the Nifty50 cracked 239 points to end at 6,976, their lowest levels since May 9, 2014. Sensex and Nifty hit an intra-day low of 22,909 and 6,960 mark, respectively today. Moreover, Nifty witnessed a huge fall of 31% from its peak level of 9,119.

Contact No. +91-903-977-7700

www.moneyclassicresearch.com



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