25TH MAY 2018

TOP 5 MOVERS

NAME RESISTANCE 2 RESISTANCE1 PIVOT SUPPORT 1 SUPPORT 2

BHARTIARTL 384.70 378.50 367.70 361.50 350.70

TCS 3688.68 3649.72 3576.03 3537.07 3463.38

INFY 3688.68 3649.72 3576.03 3537.07 3463.38

AXISBANK 547.08 541.27 531.18 525.37 515.28

SUNPHARMA 479.87 471.78 461.62 453.53 443.37

INDEX PIVOT LEVELS

INDEX RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2

NIFTY 50 10604.95 10559.40 10489.60 10444.05 10374.25

NIFTY BANK 26330.80 26173.80 25916.10 25759.10 25501.40

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TECHNICAL VIEW ON NIFTY Benchmark indices regained strength in late trade on short covering, with the Sensex rising 318.20 points or 0.93 percent to 34,663.11. The 50-share NSE Nifty rallied 83.50 points or 0.80 percent to 10,513.90. Tata Motors, GAIL and ONGC fell 4-7 percent while TCS, Infosys, Axis Bank and Bharti Airtel gained up to 4 percent. Nifty Midcap fell 70 points on weak market breadth. About 1,087 shares declined against 997 advancing shares on teh NSE. REC, Jubilant Foodworks, Parag Milks Foods, Hexaware, KPIT Tech and L&T Infotech gained up to 5 percent. United Spirits, Jet Airways, Bharat Forge and Motherson Sumi fell up to 6 percent.

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