Technical View of the Market

LTP S3 S2 S1 R1 R2 R3

NIFTY 4987 4900 4949 4953 5010 5040 5070

SENSEX 16617 16000 16340 16500 16750 17000 17310


S: Support; R: Resistance

Again weak global cues put selling pressure over Indian market; REALITY, METALS, BANKING, OILGAS and TELECOM
stocks faced major sell off and indices not only shed earlier hour’s gains but closed in deep red. Top gainers included
TATAPOWER, CIPLA, HDFC, ITC, NTPC, SIEMENS and AXISBANK. Top losers are listed as HINDLACO, RCOM,
BHARTIARTL, ICICIBANK, DLF and RPOWER. SENSEX closed at 16617, down 163 points and Nifty at 4987, down 46 points
from the previous close. CNX MIDCAP index was down 0.6% and BSE SMALLCAP index was also down 0.6%. The market
breadth was negative with advances at 430 against declines of 849 on the NSE

For more info visit: http://www.capitalvia.com