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2 ND JULY 2018

ND JULY 2018 · HDFC, ITC, Titan Company, Infosys and ICICI Bank. The Nifty Midcap index also participated in the rally, rising nearly 2 percent on strong market breadth. IDBI Bank

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Page 1: ND JULY 2018 · HDFC, ITC, Titan Company, Infosys and ICICI Bank. The Nifty Midcap index also participated in the rally, rising nearly 2 percent on strong market breadth. IDBI Bank

2ND JULY 2018

Page 2: ND JULY 2018 · HDFC, ITC, Titan Company, Infosys and ICICI Bank. The Nifty Midcap index also participated in the rally, rising nearly 2 percent on strong market breadth. IDBI Bank

TOP 5 MOVERS

NAME RESISTANCE 2 RESISTANCE1 PIVOT SUPPORT 1 SUPPORT 2

GAIL 364.72 352.48 336.57 324.33 308.42

TITAN 917.25 896.95 861.50 841.20 805.75

HINDALCO 238.37 234.28 227.92 223.83 217.47

BAJAJ-AUTO 2893.53 2851.22 2785.68 2743.37 2677.83

TATASTEEL 581.37 574.18 562.62 555.43 543.87

INDEX PIVOT LEVELS

INDEX RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2

NIFTY 50 10793.93 10754.12 10683.23 10643.42 10572.53

NIFTY BANK 26547.17 26455.68 26373.52 26282.03 26199.87

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

Page 3: ND JULY 2018 · HDFC, ITC, Titan Company, Infosys and ICICI Bank. The Nifty Midcap index also participated in the rally, rising nearly 2 percent on strong market breadth. IDBI Bank

TECHNICAL VIEW ON NIFTY The market reversed Thursday's losses and ended the first day of July series on a strong note, backed by positive global cues. All sectoral indices ended in the green with FMCG and Metal leading the charge with 2-3 percent gains. The 30-share BSE Sensex rose 385.84 points or 1.10 percent to 35,423.48 and the 50-share NSE Nifty gained 125.20 points or 1.18 percent at 10,714.30, driven by Reliance Industries, L&T, HDFC, ITC, Titan Company, Infosys and ICICI Bank. The Nifty Midcap index also participated in the rally, rising nearly 2 percent on strong market breadth. IDBI Bank was the top midcap gainer, up 10 percent after sources told CNBC-TV18 that insurance regulator IRDAI is likely to clear the deal between the bank and Life Insurance

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

Page 4: ND JULY 2018 · HDFC, ITC, Titan Company, Infosys and ICICI Bank. The Nifty Midcap index also participated in the rally, rising nearly 2 percent on strong market breadth. IDBI Bank