On November 20, 2014, Indian stock indices closed lower with Nifty ending below 8,400, driven by negative sentiments and profit booking in banking stocks. Key support and resistance levels were noted, with 8370 acting as immediate support and resistance seen at 8450-8490. Notable stock movements included gains in Hindalco due to a Goldman Sachs rating upgrade and a significant rise in Shakti Pumps on fund buying.

1. 20 NOVEMBER14
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2. S S
INDEX
VALUE
CHANGE
%
SENSEX
28032
-130
-0.46
NIFTY
8382
-43
-0.52
BANK NIFTY
17585
-112
-0.66
INDIA VIX
14.34
0.29
1.99
CATEGORY
BUY
SELL
NET
FII
4313.42
4241.62
71.8
DII
1170.4
1661.66
-491.26
BIG BULLS ACTIVITY MARKET GOSSIPS FOURTH UMPIRE
Markets opened on strong note but negative sentiments were prevailing since the beginning of the session which dragged the indices towards immediate support levels and finally closed in red with loss of 0.5%. Nifty future showed free fall when it surpassed the support of 8430 and breached the 8400 mark. Closing above 8400 is still indicating the index in strong zone where 8450- 8470 is seen as resistance range. If correction continues then 8370 may act as immediate support.
TREND: SIDEWAYS
SUPPORT : 8370 & 8330 RESISTANCE: 8450 & 8490 MARKET POSITIONS
 Nifty ends below 8,400; Tata Motors, Sun Pharma dips.
 Banking shares dips on profit booking; Bank India falls 3%.
 Hindalco gains after Goldman Sachs upgrade stock rating.
 Eicher Motors rallied 6% on capex plans.
 Shakti Pumps gains 15% on fund buying.

3. SCRIPS @ TARGETS
B/S
SL1
T1
T2
T3
BAJAJAUTO
B
2696
2680
2712
2728
2744
ONGC
S
383.35
387.35
379.35
375.35
371.35
SCRIPS @ TARGETS
B/S
SL1
T1
T2
T3
JINDALSTEEL
S
150.50
152
149
147.50
146
SINTEX
S
92.50
93.45
91.60
90.70
89.80
SCRIPS CLOSE R2 R1 S1 S2
RELIANCE FUT
982.90
1060
1020
950
910
ONGC FUT
385.95
395
390
380
375
TATA STEEL FUT
472.40
482
477
467
462
SBI FUT
2920.85
3020
2970
2880
2840
INFY FUT
4191.70
4270
4230
4150
4110
UNITECH. OPEN INTEREST 18-NOV-13 19-NOV-14 CHANGE IN OPEN INTEREST %
NIFTY
22615925
21991875
-624050
-2.76
FUTURE
CASH
PIVOT TABLE
FUTURES & OPTIONS DATA
SCRIPS IN F&O BAN FOR TRADE
A STEP AHEAD

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