Nifty 50 Report-money Classic Research
4
29 FEB 2016
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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.
Transcript of Nifty 50 Report-money Classic Research
29 FEB 2016
TOP 5 MOVERS
NAME RESISTAN
CE 2
RESISTAN
CE1 PIVOT
SUPPORT
1
SUPPORT
2
COALINDIA 320 315 308 304 297
HINDALCO 72 70 68 67 64
SBIN 162.20 159.55 156.05 153.40 149.90
VEDL 72 73 71 71 74
NTPC 123.30 123.30 120.70 120.70 127.20
INDEX PIVOT LEVELS
INDEX RESISTA
NCE 2
RESISTA
NCE 1 PIVOT
SUPPORT
1
SUPPORT
2
NIFTY 50 7,090 7,060 7,022 6,992 6,954
NIFTY BANK 14,052 13,922 13,758 13,628 13,464
Contact No. +91-903-977-7700 www.moneyclassicresearch.com
TECHNICAL VIEW ON NIFTY
The market has ended higher in the last trading session ahead of Union Budget. The
Sensex ended up 178.30 points or 0.8 percent at 23154.30, and the Nifty gained
59.15 points or 0.8 percent at 7029.75.
About 1039 shares have advanced, 1435 shares declined, and 176 shares are
unchanged. Coal India, SBI, Hindalco, NTPC and L&T were top gainers in the Sensex.
Among the losers were Bajaj Auto, Hero, Lupin, Bharti and Wipro.
Contact No. +91-903-977-7700 www.moneyclassicresearch.com
