The document provides a technical analysis of the Nifty 50 index on January 3rd, 2018. It lists the resistance and support levels for the index, with resistance 2 at 10,537.90 and support 2 at 10,356.80. The broader markets corrected for the second consecutive session while the Sensex ended flat and the Nifty gained a small amount. Anil Dhirubhai Ambani Group stocks declined significantly on profit taking.
The document provides a technical analysis of the Nifty 50 index on January 3rd, 2018. It lists the resistance and support levels for the index, with resistance 2 at 10,537.90 and support 2 at 10,356.80. The broader markets corrected for the second consecutive session while the Sensex ended flat and the Nifty gained a small amount. Anil Dhirubhai Ambani Group stocks declined significantly on profit taking.
The document provides a technical analysis of the Nifty 50 index on January 3rd, 2018. It lists the resistance and support levels for the index, with resistance 2 at 10,537.90 and support 2 at 10,356.80. The broader markets corrected for the second consecutive session while the Sensex ended flat and the Nifty gained a small amount. Anil Dhirubhai Ambani Group stocks declined significantly on profit taking.
TECHNICAL VIEW ON NIFTY Benchmark indices ended on a flat note but the broader markets corrected for second consecutive session. The 30-share BSE Sensex was down 0.49 points at 33,812.26 and the 50-share NSE Nifty gained 6.70 points at 10,442.20. About 1,687 shares declined against 1,152 advancing shares on the BSE. Sensex ends flat, Nifty Midcap underperforms; IOC, HPCL, BPCL dip Anil Dhirubhai Ambani Group stocks were under pressure on profit booking. Reliance Naval and Reliance Communications plunged over 10 percent while Reliance Infrastructure, Reliance Power, Reliance Nippon and Reliance Capital were down 1-7 percent.