EQUITY WEEKLY MARKET ANALYSIS

NIFTY ANALYSIS

• Positional Resistance of NIFTY is 8290 

• Positional Support for NIFTY 7960 

• Intraday Support of NIFTY is 8170 

• Immediate resistance for NIFTY is 8270 

• Oscillator Analysis The oscillator is showing SELL signal 

• A strong marubozu has formed and Nifty has taken closing  below 55 days moving average. 

• Sell on rise is advised.

                                      

NEWS INSIGHT

• Metals in profit ,Nifty closed above 8,200; tech 

• Growth at 5.5% in Narendra Modi government pegs FY15 GDP 

• Dr Reddy's obtain Habitrol brand 

• 5% of stake is sell by IDBI bank in NSE(National Stock Exchange ) 

• After buying time from creditors SpiceJet up 

• Deal St sees $29 bn M&As in '14; eyes $40 bn in '15 

• Government determine to pay 8.75% interest on PF for 2014-15 

• IDBI to sell 5% stake in NSE 

• GST Constitutional Amendment Bill tabled in Lok Sabha 

WEEKLY GAINERS AND LOSERS

GAINERS 

ONGC 

Zee Ent.

BHEL

HCL Tech.

HDFC 

LOSERS

DLF 

Dr. Reddys Lab 

ITC 

Asian Paints

HUL