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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.
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28 JAN 2016
TOP 5 MOVERS
NAME RESISTANCE
2
RESISTANCE
1 PIVOT
SUPPORT
1
SUPPORT
2
NTPC 148.5 146.25 142.35 140.1 136.2
POWERGRID 142.9 140.7 137.05 134.85 131.2
DRREDDY 3031.45 2998.9 2949.45 2916.9 2867.45
IDEA 113.0 111.1 108.7 106.8 104.4
PNB 97.0 95.3 92.9 91.3 88.9
INDEX PIVOT LEVELS
INDEX RESISTANCE
2 RESISTANCE
1 PIVOT
SUPPORT 1
SUPPORT 2
NIFTY 50 7503.3 7470.5 7445.1 7412.3 7386.9
NIFTY BANK 15750.1 15623.8 15449.4 15323.1 15148.6
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TECHNICAL VIEW ON NIFTY
Its tug of war on Dalal Street as the bears cash in at every bounce. The Nifty ended
below 7450 ahead of January F&O expiry. The 50-share index closed up 1.60 points
at 7437.75 and the Sensex was up 6.44 points at 24492.39. About 1363 shares have
advanced, 1196 shares declined, and 189 shares are unchanged.
NTPC, Dr Reddy's Labs, Tata Motors and Tata Steel were top gainers while BHEL,
HUL, Hero MotoCorp, Adani Ports and Hindalco were losers in the Sensex.
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