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24 TH MAY 2018

TH MAY 2018 · NIFTY 50 10576.32 10503.33 10460.57 10387.58 10344.82 NIFTY BANK 26018.75 25851.85 25737.00 25570.10 25455.25 ... MONEY CLASSIC RESEARCH An ISO 9001 :2008 Certified

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Page 1: TH MAY 2018 · NIFTY 50 10576.32 10503.33 10460.57 10387.58 10344.82 NIFTY BANK 26018.75 25851.85 25737.00 25570.10 25455.25 ... MONEY CLASSIC RESEARCH An ISO 9001 :2008 Certified

24TH MAY 2018

Page 2: TH MAY 2018 · NIFTY 50 10576.32 10503.33 10460.57 10387.58 10344.82 NIFTY BANK 26018.75 25851.85 25737.00 25570.10 25455.25 ... MONEY CLASSIC RESEARCH An ISO 9001 :2008 Certified

TOP 5 MOVERS

NAME RESISTANCE 2 RESISTANCE1 PIVOT SUPPORT 1 SUPPORT 2

SBIN 277.95 270.70 262.50 255.25 247.05

TECHM 721.23 711.12 697.18 687.07 673.13

CIPLA 587.87 560.93 537.97 511.03 488.07

UPL 705.57 698.23 689.12 681.78 672.67

LT 1366.98 1348.97 1331.98 1313.97 1296.98

INDEX PIVOT LEVELS

INDEX RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2

NIFTY 50 10576.32 10503.33 10460.57 10387.58 10344.82

NIFTY BANK 26018.75 25851.85 25737.00 25570.10 25455.25

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

Page 3: TH MAY 2018 · NIFTY 50 10576.32 10503.33 10460.57 10387.58 10344.82 NIFTY BANK 26018.75 25851.85 25737.00 25570.10 25455.25 ... MONEY CLASSIC RESEARCH An ISO 9001 :2008 Certified

TECHNICAL VIEW ON NIFTY Benchmark indices after yesterday's breather resumed selling pressure again, with the Sensex

losing more than 300 points on weaker rupee and global weakness. The 30-share BSE Sensex

was down 306.33 points or 0.88 percent at 34,344.91 and the 50-share NSE Nifty fell 106.30

points or 1.01 percent to 10,430.40.

About three shares declined for every two shares rising on the BSE. Nifty Midcap index fell over

100 points. Ceat, PFC, MRPL, REC, Balrampur Chini Mills, SAIL, Motherson Sumi, JSPL, GMR

Infrastructure and Union Bank declined up to 7 percent.

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

Page 4: TH MAY 2018 · NIFTY 50 10576.32 10503.33 10460.57 10387.58 10344.82 NIFTY BANK 26018.75 25851.85 25737.00 25570.10 25455.25 ... MONEY CLASSIC RESEARCH An ISO 9001 :2008 Certified