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 RESISTA

NCE 2

RESISTA

NCE 1 PIVOT

SUPPORT

1

SUPPORT

2

NIFTY 50 7,297 7,136 7,048 6,887 6,799

NIFTY BANK 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