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2ND JAN 2018

TOP 5 MOVERS
NAME RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2

IBULHSGFIN 1267.80 1242.65 1218.75 1193.60 1169.70

COALINDIA 270.30 268.60 265.60 263.90 260.90

CIPLA 624.57 620.43 613.72 609.58 602.87

SUNPHARMA 591.20 582.85 577.05 568.70 562.90

IOC 394.50 392.50 390.50 388.50 386.50

INDEX PIVOT LEVELS


SUPPORT
INDEX RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1
2

NIFTY 50 10580.25 10507.90 10465.50 10393.15 10350.75

NIFTY BANK 25709.00 25513.55 25392.55 25197.10 25076.10

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


TECHNICAL VIEW ON NIFTY
Selling pressure in banks and auto stocks, and IT, among others, led to a fall in Indian market, with
the Nifty closing below 10,450, while the Sensex plunged over 200 points. At the close of market
hours, the Sensex was down 244.08 points or 0.72% at 33812.75, while the Nifty was down 95.20
points or 0.90% at 10435.50. The market breadth was narrow as 1665 shares advanced, against a
decline of 1246 shares, while 746 shares were unchanged.

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

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