WEEKLY MARKET ANALYSIS FOR EQUITY

MARKET ANALYSIS

• Record closing: Nifty ends at 8322, Sensex soars 519 pts

•  India set to grow 6.4% in FY16: World Bank

•  HUL Q2 meets estimates, profit up 8%; volume growth at 5%

•  Indian mkt to give 20% returns in 1 year; buy banks: JP Morgan

•  BJP may probe DLF-Vadra deal in Haryana; stock crashes 8%

NIFTY ANALYSIS

•  Positional Support for NIFTY 8180.
•  Immediate resistance for NIFTY is 8450.
•  Intraday Resistance of NIFTY are 8380:8450
•  Intraday Support of NIFTY are 8250: 8180
•  Oscillator Analysis - The oscillator is showing BUY signal
•  Short Term Oscillator Analysis- The signal is BUY signal.