22 JAN 2016

TOP 5 MOVERS

NAME RESISTANCE

2

RESISTANCE

1 PIVOT

SUPPORT

1

SUPPORT

2

AXISBANK 122.28 415.07 406.38 122.28 122.28

ULTRACEMCO 2,318.23 2,724.30 2,685.70 2,318.23 2,318.23

AMBUJACEM 320.22 195.47 191.38 320.22 320.22

BANKBARODA 797.80 126.67 123.88 797.80 797.80

TATASTEEL 842.00 239.88 235.57 842.00 842.00

INDEX PIVOT LEVELS

INDEX RESISTANCE

2 RESISTANCE

1 PIVOT

SUPPORT 1

SUPPORT 2

NIFTY 50 7,457.20 7,367.00 7,308.50 7,218.30 7,159.80

NIFTY BANK 15,574.43 15,337.82 15,127.98 14,891.37 14,681.53

Contact No. +91-903-977-7700 www.moneyclassicresearch.com

TECHNICAL VIEW ON NIFTY

The market has ended lower once again. The Sensex ended below 24000 for first

time since May 2014. The 30-share index was down 99.83 points or 0.4 percent at

23962.21 and the Nifty slipped 32.50 points or 0.4 percent at 7276.80. About 1289

shares advanced, 1301 shares declined and 184 shares were unchanged.

Axis Bank, Tata Steel, Wipro, SBI and Infosys were top gainers while Tata Motors, Dr

Reddy's Labs, Maruti, Coal India and ONGC were losers in the Sensex.

Contact No. +91-903-977-7700 www.moneyclassicresearch.com