29 JAN 2016

TOP 5 MOVERS

NAME RESISTANCE

2

RESISTANCE

1 PIVOT

SUPPORT

1

SUPPORT

2

VEDL 70.37 68.88 66.32 64.83 62.27

CAIRN 128.15 126.10 122.75 120.70 117.35

POWERGRID 146.95 145.40 142.95 141.40 138.95

HINDUNILVR 815.33 803.17 784.83 772.67 754.33

ZEEL 417.43 412.22 403.28 398.07 389.13

INDEX PIVOT LEVELS

INDEX RESISTANCE

2 RESISTANCE

1 PIVOT

SUPPORT 1

SUPPORT 2

NIFTY 50 7493.62 7459.13 7434.37 7399.88 7375.12

NIFTY BANK 15656.9 15519.2 15434.5 15296.7 15212.0

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

TECHNICAL VIEW ON NIFTY

The market has ended lower amid volatility on January Future and Options (F&O)

series expiry day. The Nifty ended below 7450-level, down 13.10 points or 0.2

percent at 7424.65. The Sensex closed down 22.82 points at 24469.57. The Sensex

has shed 6.3 percent and Nifty lost 6.6 percent in January series. Bears tightened

grip on Dalal Street as the US Fed spooks global markets on health of the US

economy.

There were no surprises in store last night when the US Federal Reserve maintained

a status quo in its January monetary meet. Chief Janet Yellen and her colleagues are

keeping a very close watch on what's happening across global markets.

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