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.

1. NIFTY FIFTY ANALYSIS
18-01-2016
MONEY CLASSIC RESEARCH

2. PIVOT LEVELS
NAME RESISTAN
CE 2
RESISTAN
CE 1
PIVOT SUPPORT
1
SUPPORT 2
BPCL 966 948 929 911 891
TECHM 539.70 531.35 521.60 513.25 503.50
HCLTECH 858.70 849.40 832.70 823.40 806.70
RELIANCE 1,069.30 1,086.20 1,075.90 1,092.80 1,059.40
DRREDDY 2,933 2,960 2,942 2,969 2,921

3. INDEX RESISTA
NCE 2
RESISTA
NCE 1
PIVOT SUPPORT
1
SUPPORT
2
NIFTY 50 7,616.40 7,527.10 7,477.20 7,387.90 7,338.00
NIFTY BANK 15,833 15,519 15,337 15,023 14,840

5.  Markets witnessed yet another day of sell-off to end at their
19-month closing low as dismal quarterly earnings coupled
with a sharp fall in crude oil prices and commodity prices
weighed on investor sentiment. Meanwhile, weakness in the
rupee further aggravated the sell-off across the board.
 The S&P BSE Sensex closed 318 points at 24,455 and the
Nifty50 shed 99 points to end at 7,438. In the broader
market, the BSE Midcap and Smallcap indices were down
0.2%-0.3% each. Market breadth ended weak with 2,272
losers and 414 gainers on the BSE.

6. EQUITY DAILY REPORT 15-01-2016
DISCLAIMER
• The information contained here was gathered from sources deemed reliable however; no claim
is made as to accuracy or content. This does not contain specific recommendations to buy or sell
at particular prices or time, nor should any examples presented be deemed as such. There is a risk
of loss in commodity trading and you should carefully consider your financial position before
making a trade. This is not, nor is it intended, to be a complete study of chart patterns or technical
analysis and should not be deemed as such. Money Classic Investment Advisors does not
guarantee that such information is accurate or complete and it should not be relied upon as such.
Any opinions expressed reflect judgments at this date and are subject to change without notice.
For use at the sole discretion of the investor without any liability on Money Classic Investment
Advisors.
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