Nifty is Index of NATIONAL STOCK EXCHANGE (NSE) of India, which comprises top 50 listed companies of 23 different Sectors. Index is used to Read the market Sentiment by investors, Traders and Speculators. Mutual Funds, Portfolio Managers Performance is Benchmarked by Comparing this Index. Nifty Stocks Represents 60% of Market Capitalization.
2. PIVOT LEVELS
NAME RESISTAN
CE 2
RESISTAN
CE 1
PIVOT SUPPORT
1
SUPPORT 2
INFY 1,116 1,098 1,073 1,055 1,030
RELIANCE 1,112.60 1,092.90 1,070.05 1,050.35 1,027.50
INDUSINDBK 962.50 949.30 931.55 918.35 900.60
HCLTECH 836.95 837.80 821.05 821.90 860.80
TATAMOTORS 362 369 363 369 362
3. INDEX RESISTA
NCE 2
RESISTA
NCE 1
PIVOT SUPPORT
1
SUPPORT
2
NIFTY 50 7,691 7,626 7,526 7,461 7,361
NIFTY BANK 16,210 16,041 15,786 15,617 15,362
4.
5. ď˝ Benchmark share indices rebounded from their 18-month
lows, amid a roller coaster trading session, led by index
heavyweight Reliance Industries while Infosys gained ahead of
its third quarter earnings tomorrow.
The S&P BSE Sensex ended up 172 points at 24,854 after
hitting a 52-week low of 24,387.69 intra-day and
the Niftyended up 52 points at 7,562 after hitting a 52-week
low of 7,425.80
6. EQUITY DAILY REPORT 13-01-2016
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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