0 7 Feb 2011

NIFTY 60 Min Chart:

Indices Period Closing % Chng Trnd Reversal 2 Sup 1 Sup Pivot 1 Res 2 Res

Sensex

Dly 24870.69 1.64 5 24174.80 24136 24503 24708 25075 25279 Wkly 24870.69 1.78 1 24896.70 24136 24503 24708 25075 25279

Mnthly 24870.69 -4.77 -14 26624.70 22612 23741 24969 26099 27327

Nifty

Dly 7563.55 1.87 5 7331.05 7341 7452 7514 7625 7687 Wkly 7563.55 1.90 1 7576.20 7341 7452 7514 7625 7687

Mnthly 7563.55 -4.82 -11 8087.80 6861 7213 7593 7944 8324

Bank Nifty

Dly 15522.40 0.92 6 15211.95 14987 15255 15405 15673 15823 Wkly 15522.40 0.16 -4 15772.15 14901 15212 15447 15758 15993

Mnthly 15522.40 -8.27 -11 17621.55 13469 14496 15782 16808 18094

28 29 30 31 1

2016

4 5 6 7 8 11 12 13 14 15 18 19 20 21 22 25 27 28 29 30 31

15

20

25

30

35

40

45

50

55

60

65

70

75

7200

7250

7300

7350

7400

7450

7500

7550

7600

7650

7700

7750

7800

7850

7900

7950

8000

* Sensex 24870.69 + 401.12 * Nifty 7563.55 + 138.90 * Bank Nifty 15522.40 + 140.95

01st FEB 2016

Market Preview Market Forecast

AMONG BSE 500 STOCKS

TOP 5 GAINERS

Scrip Name CMP (% ) Change

PRAJ IND 97.25 +13.81 %

SHRIRAM TRAN 836.80 +11.22 %

YES BANK 746.90 +10.89 %

ST. BANK BIKA 530.00 +9.14 %

FT 105.00 +9.03 %

TOP 5 LOSERS

Scrip Name CMP (% ) Change

JUST DIAL 608.65 -15.22 %

SE INVE 181.20 -7.50 %

SHRENUJ & CO 19.50 -4.97 %

EROS MEDIA 169.65 -4.48 %

MAHINDRA LIFE 463.10 -4.22 %

0200400600800

10001200140016001800

20-Jan 21-Jan 22-Jan 25-Jan 27-Jan 28-Jan 29-Jan

NS

E

Advance Decline Statistics

-200200600

10001400

1800220026003000

BS

E

Adv Dec Market TurnOver (Rs. Cr)

0500

10001500200025003000350040004500

2 0 - Jan 2 1- Jan 2 2 - Jan 2 5 - Jan 2 7 - Jan 2 8 - Jan 2 9 - Jan

BS

E

0

5000

10000

15000

20000

25000

20-Jan 21-Jan 22-Jan 25-Jan 27-Jan 28-Jan 29-Jan

NS

E

0 0 0 0 0 0 0 0 0 0 0

AU

TO

BA

NK

S

CA

PIT

AL

GO

OD

S

FM

CG IT

ME

TA

LS

OIL

&

GA

S

PH

AR

MA

PO

WE

R

RE

AL

TY

TE

CK

% Chg

Sectoral Market Watch Daily

1.91%

0.70%

1.93%

0.99%

2.43%

1.78% 1.58%

2.51%

1.64%

0.84%

2.04%

-0.25%0.00%0.25%0.50%0.75%1.00%1.25%1.50%1.75%2.00%2.25%2.50%2.75%3.00%

% Chg

Current Status of Select stocks in NSE Cash Market Fig in Rs Daily & Weekly Trends Reversal Point

Scrip Name

L.C.P Supp 2 Supp 1 Res 1 Res 2

Trend Buy if Sell if

Trend Period Rate > Rate <

Aban Offshore Dly 191.00 187 189 193 195 5 - 179.10

Wkly 191.00 181 186 194 198 -3 193.80 -

ABB Ltd Dly 971.10 954 962 979 988 4 - 961.55

Wkly 971.10 944 957 989 1008 -11 1,010.15 -

ACC Dly 1240.05 1199 1220 1257 1274 6 - 1,203.00

Wkly 1240.05 1182 1211 1266 1293 -4 1,270.10 -

Aditya Birla Dly 873.35 835 854 894 914 -14 843.90 -

Wkly 873.35 802 838 907 941 -3 1,663.65 -

Allahabad Bank Dly 53.65 50 52 55 56 6 - 49.95

Wkly 53.65 49 51 56 58 -4 56.50 -

Alstom Power Dly 640.40 617 629 649 657 5 - 632.95

Wkly 640.40 598 619 668 695 8 - 647.95

Ambuja Cem Dly 195.35 191 193 197 198 6 - 191.45

Wkly 195.35 187 191 200 204 1 - 196.40

Amtek Auto Dly 37.50 36 37 38 39 - - -

Wkly 37.50 36 37 39 40 - - -

Andhra Bank Dly 52.15 50 51 53 54 6 - 50.85

Wkly 52.15 49 50 54 56 -4 55.70 -

Arvind Mills Dly 326.25 309 318 331 336 5 - 313.35

Wkly 326.25 303 315 333 340 -3 343.70 -

Ashok Ley Dly 89.60 87 88 90 91 5 - 86.30

Wkly 89.60 84 87 91 93 1 - 88.45

Aurobindo Ph Dly 834.25 794 814 846 858 5 - 798.15

Wkly 834.25 782 808 849 864 -4 859.60 -

Axis Bank Dly 408.40 387 398 414 420 8 - 408.25

Wkly 408.40 374 391 428 447 2 - 396.45

Bajaj Holding Dly - - - - - 4 - 1,418.05

Wkly - - - - - -8 1,616.10 -

Bajaj Hind Dly 16.80 16 17 17 17 1 - 16.20

Wkly 16.80 16 16 17 18 -3 18.05 -

Balrampur Chini Dly 88.95 85 87 90 92 5 - 88.30

Wkly 88.95 80 85 92 96 4 - 85.15

Bank of Baroda Dly 125.40 118 122 130 134 6 - 124.30

Wkly 125.40 117 121 131 138 -9 133.75 -

Bank of India Dly 100.30 94 97 102 104 6 - 95.45

Wkly 100.30 92 96 104 107 -12 100.35 -

Bata India Dly 476.40 464 470 483 490 5 - 467.35

Wkly 476.40 446 461 499 522 10 - 458.45

BEL Dly 1231.55 1206 1219 1243 1254 3 - 1,195.25

Wkly 1231.55 1123 1177 1302 1373 -4 1,293.80 -

Bharat Forge Dly 833.55 795 814 846 859 5 - 802.95

Wkly 833.55 783 808 849 865 1 - 805.85

Bharti Airtel Dly 289.90 275 282 297 305 -5 294.05 -

Wkly 289.90 272 281 300 310 -3 304.35 -

BHEL Dly 138.70 135 137 140 141 -2 138.90 -

Wkly 138.70 127 133 148 157 -1 139.75 -

Bhushan Steel Dly 37.40 36 37 38 39 5 - 36.05

Wkly 37.40 34 36 40 43 -4 39.05 -

BILT Dly 15.90 15 16 16 16 -1 16.00 -

Wkly 15.90 15 15 17 17 -3 18.70 -

Biocon Dly 489.35 477 483 496 503 3 - 487.65

Wkly 489.35 468 479 502 516 -3 517.40 -

Bombay Dye Dly 53.40 52 53 54 55 4 - 51.10

Wkly 53.40 52 53 54 55 -4 57.25 -

BPCL Dly 893.15 848 870 911 929 1 - 873.20

Wkly 893.15 841 867 913 932 -2 908.95 -

BRFL Dly 170.00 164 167 174 178 2 - 165.70

Wkly 170.00 156 163 176 182 -8 177.00 -

Cairn Dly 122.15 115 119 128 133 5 - 113.30

Wkly 122.15 105 114 130 138 1 - 118.90

Canara Bank Dly 194.00 178 186 200 205 6 - 171.15

Wkly 194.00 177 186 200 205 -14 195.05 -

Central Bank Dly 62.40 61 62 63 64 6 - 62.40

Wkly 62.40 60 61 65 67 -4 64.20 -

Century Text Dly 524.15 495 510 533 541 5 - 505.35

Wkly 524.15 490 507 538 551 -4 552.20 -

Chambal Fert Dly 57.80 56 57 58 59 4 - 55.55

Wkly 57.80 54 56 59 60 -3 59.90 -

Chennai Petro Dly 186.20 179 183 189 192 5 - 184.85

Wkly 186.20 175 180 194 202 -3 198.50 -

CIPLA Dly 585.10 571 578 592 599 1 - 573.35

Wkly 585.10 563 574 594 603 -4 608.15 -

Colgate Pal Dly 857.95 847 852 863 868 -6 860.80 -

Wkly 857.95 821 840 883 908 -4 914.70 -

Current Status of Select stocks in NSE Cash Market Fig in Rs Daily & Weekly Trends Reversal Point

Scrip Name

L.C.P Supp 2 Supp 1 Res 1 Res 2

Trend Buy if Sell if

Trend Period Rate > Rate <

Corpn. Bank Dly 38.90 38 38 39 40 5 - 38.10

Wkly 38.90 38 38 40 41 1 - 38.60

Crompton Grv Dly 171.45 167 169 173 174 1 - 167.25

Wkly 171.45 162 167 176 181 -3 183.30 -

Cummins Dly 923.60 891 907 933 942 3 - 886.45

Wkly 923.60 875 899 943 963 -4 970.75 -

Dabur Dly 250.65 239 245 254 258 2 - 228.50

Wkly 250.65 224 237 258 266 -4 257.70 -

DCB Dly 78.30 72 75 81 83 4 - 71.75

Wkly 78.30 69 73 82 85 1 - 70.10

Dena Bank Dly 36.05 35 36 37 37 5 - 34.60

Wkly 36.05 34 35 37 37 -6 37.45 -

Divis Lab Dly 1140.95 1097 1119 1160 1178 5 - 1,086.25

Wkly 1140.95 1053 1097 1171 1200 -4 1,139.90 -

DLF Dly 96.35 91 94 98 100 4 - 90.80

Wkly 96.35 90 93 99 101 -3 103.50 -

Dr.Reddy's Lab Dly 3105.40 2917 3011 3160 3214 5 - 2,881.05

Wkly 3105.40 2796 2951 3190 3275 1 - 2,802.25

Escorts Ltd Dly 135.15 129 132 137 139 5 - 127.20

Wkly 135.15 127 131 138 141 -4 150.30 -

Federal Bank Dly 46.15 45 46 47 47 -2 46.40 -

Wkly 46.15 44 45 48 51 -4 48.90 -

Finan Tech Dly 104.75 98 101 110 114 4 - 91.55

Wkly 104.75 88 96 112 119 -3 107.90 -

GAIL Dly 368.60 357 363 373 378 5 - 356.80

Wkly 368.60 342 355 377 386 2 - 364.85

GDL Dly 302.35 295 299 308 313 -9 305.20 -

Wkly 302.35 289 296 314 325 -2 313.25 -

Gitanjali Gems Dly 37.30 36 37 38 39 5 - 34.85

Wkly 37.30 34 35 39 40 -3 38.65 -

GlaxoSmith Dly 3236.40 3177 3207 3271 3305 5 - 2,287.25

Wkly 3236.40 3109 3173 3288 3339 1 - 3,237.25

GMR Infra Dly 13.00 12 13 13 13 5 - 12.30

Wkly 13.00 12 12 13 14 -4 14.65 -

GNFC Dly 82.50 79 81 85 87 4 - 79.80

Wkly 82.50 70 76 89 95 -2 83.20 -

Grasim Ind. Dly 3393.65 3303 3349 3441 3489 1 - 3,366.35

Wkly 3393.65 3236 3315 3479 3564 -4 3,562.90 -

GT Offshore Dly 43.45 42 43 44 45 5 - 41.30

Wkly 43.45 41 42 44 45 -4 46.15 -

Guj Alkali Dly 183.80 180 182 185 187 4 - 178.35

Wkly 183.80 172 178 187 191 7 - 181.70

HCL Tech Dly 865.75 832 849 876 887 2 - 559.95

Wkly 865.75 815 840 881 895 2 - 838.25

HDFC Bank Dly 1049.85 1027 1038 1058 1066 5 - 1,025.65

Wkly 1049.85 1020 1035 1060 1070 -4 1,057.80 -

HDFC Ltd Dly 1180.00 1128 1154 1197 1214 5 - 1,146.15

Wkly 1180.00 1118 1149 1200 1219 -4 1,188.05 -

HDIL Dly 73.15 68 71 75 77 5 - 70.20

Wkly 73.15 68 71 75 77 7 - 72.65

Hero Honda Dly 2565.65 2389 2477 2620 2674 1 - 2,475.05

Wkly 2565.65 2357 2461 2640 2714 -1 2,583.05 -

Hind UniLever Dly 816.90 780 799 828 838 2 - 755.00

Wkly 816.90 748 782 836 855 -4 821.65 -

Hindalco Dly 70.50 68 69 72 73 5 - 69.10

Wkly 70.50 66 68 73 76 -4 74.05 -

Hindus Zinc Dly 161.00 151 156 165 169 6 - 155.65

Wkly 161.00 133 147 174 187 2 - 146.05

HPCL Dly 815.95 798 807 829 841 2 - 796.00

Wkly 815.95 754 785 840 863 -2 874.00 -

ICICI Bank Dly 230.15 213 221 237 243 8 - 229.55

Wkly 230.15 209 220 240 250 -4 233.95 -

IDBI Ltd Dly 58.70 57 58 60 61 6 - 56.45

Wkly 58.70 55 57 61 63 -8 73.95 -

Idea Cellular Dly 103.15 100 101 106 109 -2 104.25 -

Wkly 103.15 97 100 108 114 -4 115.30 -

IDFC Dly 40.50 39 40 41 42 6 - 40.55

Wkly 40.50 38 39 42 43 -1 41.00 -

IFCI Dly 22.30 21 22 23 23 5 - 21.45

Wkly 22.30 21 22 23 23 -3 24.95 -

OFSS Dly 3639.70 3574 3607 3666 3692 5 - 3,579.60

Wkly 3639.70 3504 3572 3719 3797 -12 3,683.85 -

India Cement Dly 93.85 85 89 97 99 5 - 87.30

Wkly 93.85 82 88 97 100 1 - 93.55

Current Status of Select stocks in NSE Cash Market Fig in Rs Daily & Weekly Trends Reversal Point

Scrip Name

L.C.P Supp 2 Supp 1 Res 1 Res 2

Trend Buy if Sell if

Trend Period Rate > Rate <

Indian Bank Dly 91.45 87 89 93 94 5 - 85.65

Wkly 91.45 84 88 95 99 -8 96.15 -

Indian Hotel Dly 111.95 108 110 113 114 -1 109.80 -

Wkly 111.95 106 109 114 116 -2 112.35 -

IndusInd Bank Dly 928.80 886 908 943 956 5 - 893.85

Wkly 928.80 860 894 949 970 -3 937.45 -

Infosys Dly 1164.90 1117 1141 1179 1194 1 - 1,149.95

Wkly 1164.90 1108 1136 1182 1199 3 - 1,124.35

IOB Dly 25.30 24 25 26 26 5 - 24.90

Wkly 25.30 24 24 26 27 -4 26.55 -

IOC Dly 402.30 395 398 407 411 2 - 393.55

Wkly 402.30 382 392 411 420 -3 433.90 -

ITC Ltd Dly 320.20 312 316 325 330 3 - 309.90

Wkly 320.20 295 308 329 339 1 - 314.75

Jindal Saw Dly 50.05 49 50 51 51 5 - 48.35

Wkly 50.05 48 49 51 53 -5 54.55 -

Jindal Stainless Dly 22.90 22 23 23 24 - - -

Wkly 22.90 20 21 26 29 - - -

Jind Steel &Power Dly 64.20 59 62 66 69 6 - 62.85

Wkly 64.20 58 61 68 71 -4 75.50 -

JP Associates Dly 8.90 8 9 9 9 6 - 8.80

Wkly 8.90 8 9 9 10 -4 9.80 -

JP Power Dly 6.00 6 6 6 6 -2 6.00 -

Wkly 6.00 6 6 6 7 -3 6.45 -

JSW Steel Dly 1057.05 1008 1032 1092 1127 -1 1,095.05 -

Wkly 1057.05 991 1024 1109 1160 -1 1,064.45 -

Karnataka Bank Dly 98.70 95 97 100 101 9 - 97.10

Wkly 98.70 93 96 102 105 -4 104.80 -

Kotak Mah Bank Dly 683.60 657 670 692 700 1 - 664.85

Wkly 683.60 651 667 693 702 -4 697.70 -

Larsen Toubro Dly 1101.65 1055 1078 1117 1132 8 - 1,067.00

Wkly 1101.65 1022 1062 1150 1198 -14 1,124.05 -

LIC Hsg Fin Dly 475.90 466 471 480 484 5 - 474.70

Wkly 475.90 458 467 487 499 -3 493.60 -

Lupin Lab Dly 1710.75 1678 1694 1724 1738 5 - 1,690.55

Wkly 1710.75 1625 1668 1745 1780 -4 1,737.20 -

Mah & Mah Dly 1233.25 1187 1210 1248 1263 5 - 1,165.45

Wkly 1233.25 1118 1176 1265 1298 1 - 1,219.45

Mah Seamless Dly 147.40 145 146 149 151 3 - 142.45

Wkly 147.40 139 143 151 154 -3 156.65 -

Maruti Udyog Dly 4095.85 3847 3971 4172 4249 5 - 3,993.10

Wkly 4095.85 3810 3953 4209 4322 -10 4,351.95 -

Mc Dowell Dly 2488.45 2329 2409 2587 2685 -3 2,604.65 -

Wkly 2488.45 2153 2321 2762 3035 -10 2,645.75 -

Mphasis BFL Dly 456.15 443 450 465 474 1 - 453.40

Wkly 456.15 436 446 467 478 -9 481.55 -

MRPL Dly 65.25 64 65 66 66 5 - 64.40

Wkly 65.25 62 64 67 70 -3 67.15 -

MTNL Dly 18.85 18 18 19 20 5 - 17.85

Wkly 18.85 18 18 19 20 -4 20.70 -

Nagar Const Dly 64.40 60 62 66 67 6 - 61.95

Wkly 64.40 58 61 68 71 -4 69.30 -

NALCO Dly 34.50 34 34 35 35 4 - 34.35

Wkly 34.50 33 34 35 36 -4 37.05 -

Neyveli Lig Dly 72.60 71 72 73 74 -1 72.65 -

Wkly 72.60 68 70 76 79 -4 77.55 -

Piramal Ent. Dly 993.55 951 972 1012 1031 5 - 936.75

Wkly 993.55 867 930 1033 1073 1 - 967.00

NTPC Dly 142.45 137 140 146 149 5 - 139.30

Wkly 142.45 131 137 147 152 1 - 140.95

ONGC Dly 226.25 218 222 229 232 5 - 214.30

Wkly 226.25 211 218 231 236 1 - 221.40

Oriental Bank Dly 112.00 105 108 115 117 6 - 105.50

Wkly 112.00 102 107 116 120 -4 116.25 -

Pantaloon Dly 140.15 129 134 145 149 5 - 131.70

Wkly 140.15 126 133 145 151 -5 145.15 -

Petronet LNG Dly 245.60 236 241 250 254 -2 245.80 -

Wkly 245.60 233 239 254 262 -3 273.15 -

PFCL Dly 175.10 160 167 180 184 5 - 146.20

Wkly 175.10 154 165 181 187 1 - 173.15

PNB Dly 91.30 87 89 93 94 6 - 87.10

Wkly 91.30 85 88 95 98 -9 97.00 -

Power Grid Dly 147.85 143 145 149 151 3 - 136.50

Wkly 147.85 125 137 154 160 1 - 142.15

Current Status of Select stocks in NSE Cash Market Fig in Rs Daily & Weekly Trends Reversal Point

Scrip Name

L.C.P Supp 2 Supp 1 Res 1 Res 2

Trend Buy if Sell if

Trend Period Rate > Rate <

Praj Ind Dly 97.25 81 89 102 107 5 - 81.75

Wkly 97.25 75 86 104 110 1 - 92.55

Rel Comm Dly 62.15 59 60 64 66 -19 63.05 -

Wkly 62.15 56 59 66 70 -4 79.45 -

Reliance Infra Dly 471.20 442 457 482 492 2 - 443.85

Wkly 471.20 418 444 488 505 -3 558.40 -

Reliance Cap. Dly 384.45 362 373 392 400 5 - 368.95

Wkly 384.45 359 372 393 401 -4 409.30 -

Reliance Ind. Dly 1035.40 1009 1022 1044 1053 2 - 1,007.40

Wkly 1035.40 981 1008 1051 1067 -2 1,049.25 -

Renuka Sugar Dly 12.20 12 12 12 13 1 - 11.90

Wkly 12.20 12 12 13 13 -3 13.40 -

Rolta Dly 84.05 83 83 85 85 3 - 82.80

Wkly 84.05 82 83 85 86 -3 90.10 -

SAIL Dly 42.80 41 42 43 44 5 - 42.35

Wkly 42.80 41 42 44 45 -3 44.20 -

Shipping Corp. Dly 81.95 77 80 83 85 4 - 76.45

Wkly 81.95 76 79 84 86 -4 94.90 -

Siemens Ltd Dly 1020.80 941 981 1049 1077 5 - 934.55

Wkly 1020.80 941 981 1049 1077 -4 1,060.55 -

State Bank Dly 179.90 174 177 184 189 6 - 174.85

Wkly 179.90 172 176 186 193 -9 191.40 -

Sun Pharma Dly 872.95 824 849 888 902 5 - 829.55

Wkly 872.95 765 819 902 932 7 - 794.65

SUN TV Dly 379.20 341 360 392 405 4 - 337.00

Wkly 379.20 328 353 395 412 -3 403.20 -

Syndicate Bank Dly 67.30 64 66 70 72 -1 68.05 -

Wkly 67.30 61 64 73 79 -4 73.50 -

Tata Chem Dly 353.35 334 344 359 364 4 - 335.15

Wkly 353.35 334 343 359 364 -4 370.25 -

Tata Comm Dly 400.00 377 389 407 413 4 - 397.25

Wkly 400.00 354 377 419 438 -3 418.00 -

Tata Motors Dly 336.90 318 327 344 350 3 - 331.55

Wkly 336.90 314 326 347 357 -4 352.80 -

Tata Power Dly 60.10 59 59 61 62 -2 60.55 -

Wkly 60.10 58 59 62 64 -3 63.40 -

Tata Global Dly 126.50 122 124 128 130 5 - 121.60

Wkly 126.50 121 124 128 130 -3 136.85 -

TCS Dly 2391.30 2311 2351 2416 2440 5 - 2,294.70

Wkly 2391.30 2240 2315 2434 2476 1 - 2,329.95

Tech Mahindra Dly 501.40 487 494 507 513 1 - -

Wkly 501.40 475 488 519 537 -7 511.00 -

Tata Steel Dly 249.70 241 245 257 263 6 - 248.30

Wkly 249.70 240 245 257 265 2 - 249.05

Titan Ind. Dly 363.70 339 351 371 379 1 - 347.75

Wkly 363.70 326 345 375 386 1 - 350.15

Ultratech Cem Dly 2840.10 2696 2768 2882 2925 6 - 2,738.60

Wkly 2840.10 2670 2755 2889 2937 1 - 2,719.05

Union Bank Dly 130.85 118 124 135 138 6 - 112.10

Wkly 130.85 114 122 136 140 1 - 126.85

Unitech Ltd Dly 5.65 5 6 6 6 5 - 5.60

Wkly 5.65 5 5 6 6 -3 5.95 -

UPL Dly 437.15 401 419 447 457 5 - 394.00

Wkly 437.15 379 408 453 468 1 - 405.20

Vedanta Dly 71.75 67 69 74 75 3 - 56.70

Wkly 71.75 60 66 75 79 1 - 71.05

Vijaya Bank Dly 31.10 30 31 31 32 5 - 30.30

Wkly 31.10 30 30 32 33 -4 31.55 -

Voltas Ltd Dly 286.55 276 281 290 294 6 - 280.05

Wkly 286.55 275 281 290 294 -4 299.55 -

Wipro Ltd Dly 562.80 542 552 569 576 7 - 549.30

Wkly 562.80 535 549 571 580 1 - 549.95

Yes Bank Dly 746.80 617 682 780 814 6 - 666.90

Wkly 746.80 617 682 780 814 1 - 692.80

ZEE Ent. Dly 420.05 397 409 427 434 5 - 390.50

Wkly 420.05 379 399 432 444 1 - 416.70

Note :

Trend = The direction of the price movement.

Reversal = The price level at which the trend will reverse.

Period = Number of days/weeks/months since the trend is up/down.

When the Trend is positive and if the closing for the next period is below the reversal value, then the trend would turn negative.

When the Trend is positive and if the closing for the next period is above the reversal value, then the upward trend would remain intact.

When the Trend is negative and if the closing for the next period is above the reversal value, then the trend would turn positive.

When the Trend is negative and if the closing for the next period is below the reversal value, then the downward trend would remain intact.

Support/Resistance levels are generated objectively and based on formula.

If the closing is near to or less than 1% of the reversal value, then it is highlighted indicating that the trend is likely to change from its current course.

Disclaimer / Disclosures :

ANALYST CERTIFICATION I, Mrs. Vaishali Parekh B.com, Research Analysts, authors and the names subscribed to this report, hereby certify that all of the views expressed in this research report accurately reflect our views about the subject issuer(s) or securities. We also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in this report. Terms & conditions and other disclosures: Prabhudas Lilladher Pvt. Ltd, Mumbai, India (hereinafter referred to as “PL”) is engaged in the business of Stock Broking, Portfolio Manager, Depository Participant and distribution for third party financial products. 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