Money Trend

14 July 2015

CNX Nifty

CMP 8460

Daily Chart

Synopsis

. Index opened with a flat bias, gathered support around

8355 & rebounded upto 8470, ending 1.2% positive for the
day.

Till Index holds 8410-8420, rebound upto 8530-8540 would

be witnessed.

At Higher levels around 8540, resistance would be

witnessed & selling pressure may re-emerge.

If we break & trade below 8410 would lead to a retest of

support zone of 8360-8330.

Close

R1

R2

R3

S1

S2

S3

8459

8494

8534

8570

8409

8375

8330

Bank Nifty Spot

CMP 18893

Daily Chart

Synopsis

Post opening and an initial upmove upto 18625-18670, Till

Index does not cross the resistance zone of 18680-18710,
support zone of 18100-18150 would be retested.

Only on a cross-over of 18710, it will witness shortcovering upto 18900-19000.

Break of 18100 would lead to a steep fall upto 1785017680.

Close

R1

R2

R3

S1

S2

18893

19,030

19,170

19,340

18,750

18,590

S3
18,410

Aditya Birla Money Limited

Cello Triumph, Unit No. 502-503 & 505 | I. B. Patel Road | off W.E. Highway | Goregaon (East) | Mumbai - 400063 | Tel: +91 22 61802800

Page No: 1

Money Trend

14 July 2015

PIVOT POINTS Cash levels

Scrip Name

Close

RB2

RB1

PP

SB1

SB2

Scrip Name

Close

RB2

RB1

PP

SB1

SB2

NIFTY

8459

8589

8500

8428

8357

8268

CANBK

298

306

300

296

292

287

BANKNIFTY

18893

19202

18994

18826

18658

18450

CENTURYTEX

722

744

729

717

705

690

CNXIT

10998

11186

11055

10950

10844

10713

CESC

557

576

566

558

549

539

ABAN

277

291

284

279

274

268

CHAMBLFERT

59

61

59

59

58

57

1393

1423

1405

1389

1374

1355

CHENNPETRO

181

188

184

181

178

174

182

190

185

181

177

172

CIPLA

661

677

667

659

651

641

ABIRLANUVO

1921

1997

1949

1911

1872

1824

COALINDIA

420

428

423

419

416

411

ACC

1475

1504

1489

1476

1463

1448

COLPAL

2008

2045

2025

2008

1992

1971

ADANIENT

91

93

92

90

89

87

CONCOR

1724

1765

1743

1725

1707

1685

ADANIPOWER

29

29

29

29

28

28

CROMPGREAV

190

198

194

190

186

181

ALBK

93

95

94

92

91

89

CUMMINSIND

965

996

977

962

947

928

AMBUJACEM

248

256

250

246

241

235

DABUR

286

294

289

285

281

276

ANDHRABANK

72

74

73

72

70

69

DENABANK

44

45

45

44

44

44

AIL

770

785

777

770

764

756

DISHTV

109

115

111

108

104

100

APOLLOTYRE

183

192

186

181

175

169

DIVISLAB

1882

1917

1895

1878

1861

1839

ALSTOMT&D

595

607

601

596

591

585

DLF

115

118

117

115

114

112

ASHOKLEY

73

75

74

72

71

70

DRREDDY

3758

3873

3805

3750

3695

3627

ASIANPAINT

818

839

825

814

803

789

ESSAROIL

197

209

202

196

190

183

1494

1548

1511

1481

1451

1414

EXIDEIND

154

157

155

154

152

150

582

597

587

579

570

560

FEDERALBNK

78

82

79

78

76

74

BAJAJ-AUTO

2497

2576

2524

2481

2439

2387

FINANTECH

156

163

159

157

154

151

BALRAMCHIN

44

46

45

44

43

42

FORTIS

181

194

186

179

172

164

BANKBARODA

156

160

158

156

155

153

GAIL

373

387

377

370

362

352

BANKINDIA

183

188

185

182

180

176

GESHIP

348

359

353

347

342

336

3450

3507

3473

3446

3418

3384

GLAXO

3410

3476

3439

3409

3380

3343

BGRENERGY

125

130

127

125

122

120

GMDCLTD

94

99

96

94

92

90

BHARATFORG

1124

1191

1143

1105

1067

1020

GMRINFRA

15

15

15

15

14

14

BHARTIARTL

424

434

428

423

419

413

GODREJIND

377

388

380

375

369

362

BHEL

269

276

272

268

265

261

GRASIM

3632

3728

3669

3621

3573

3514

BHUSANSTL

68

75

72

69

67

63

GSPL

126

132

128

125

122

118

BIOCON

471

482

475

470

465

459

HAVELLS

298

303

300

297

295

292

23497

24266

23756

23343

22930

22420

HCLTECH

961

992

970

953

935

914

BPCL

909

948

922

901

880

854

HDFC

1324

1373

1339

1311

1283

1249

BRFL

138

145

141

138

136

132

HDFCBANK

1096

1125

1109

1096

1083

1067

CAIRN

172

179

175

172

168

164

HDIL

91

96

93

90

88

85

ABB
ABGSHIP

AUROPHARMA
AXISBANK

BEL

BOSCHLTD

PP= Pivot Point

RB1= Fibonacci Resistance 1 RB2=Fibonacci resistance 2

SB1= Fibonacci support 1

SB2= Fibonacci support 2

How to trade Pivot points: If stock opens above Pivot point then go LONG, and keep SB1 as the stop loss for a possible target of RB1 / RB2.
If stock opens below Pivot point then go SHORT and keep RB1 as the stop loss for a possible target of SB1 / SB2

Aditya Birla Money Limited

Cello Triumph, Unit No. 502-503 & 505 | I. B. Patel Road | off W.E. Highway | Goregaon (East) | Mumbai - 400063 | Tel: +91 22 61802800

Page No: 2

Money Trend

14 July 2015

Scrip Name

Close

RB2

RB1

PP

SB1

SB2

Scrip Name

Close

RB2

RB1

PP

SB1

SB2

HEROMOTOCO

2600

2668

2623

2586

2550

2505

M&M

1268

1293

1276

1264

1251

1235

HEXAWARE

265

278

269

261

254

244

MARUTI

4035

4143

4067

4005

3943

3867

HINDALCO

107

112

108

105

102

99

MCDOWELL-N

3473

3540

3504

3475

3446

3410

HINDPETRO

821

843

828

817

805

791

MCLEODRUSS

228

236

232

228

225

221

HINDUNILVR

911

938

920

905

890

872

MPHASIS

403

413

408

403

399

394

HINDZINC

160

163

161

159

157

155

MRPL

74

77

76

75

74

72

IBREALEST

57

59

58

56

55

53

ADANIPORTS

321

331

324

319

314

307

ICICIBANK

316

322

318

315

313

309

NCC

81

83

82

80

79

78

M&MFIN

278

288

282

277

272

266

NATIONALUM

39

40

39

39

38

38

IDBI

66

69

67

66

64

63

NEYVELILIG

83

85

84

83

82

81

IDEA

175

179

177

175

174

172

NTPC

133

138

135

132

129

126

IDFC

156

160

158

155

153

150

OFSS

3846

3957

3888

3832

3776

3706

IFCI

28

29

28

27

27

26

ONGC

291

303

296

291

286

280

INDHOTEL

95

98

96

95

93

91

ONMOBILE

105

115

108

102

97

89

INDIACEM

94

98

96

94

93

91

ORIENTBANK

186

192

189

186

183

179

INDIANB

137

141

139

138

136

134

PETRONET

190

195

192

190

188

185

INDUSINDBK

924

961

936

916

895

870

PFC

262

267

264

261

259

255

INFY

950

975

959

946

933

917

PEL

954

986

968

953

938

919

IOB

39

39

39

39

38

38

PNB

145

150

148

146

143

141

IOC

425

438

431

425

419

412

POLARIS

167

172

169

166

164

161

ITC

315

324

318

313

309

303

POWERGRID

140

144

141

139

137

135

JETAIRWAYS

339

361

348

337

326

313

PTC

73

76

74

72

70

68

JINDALSAW

68

72

70

68

66

64

RCOM

67

70

68

67

66

65

JINDALSTEL

84

90

87

85

82

80

RECLTD

287

291

289

286

284

281

JISLJALEQS

73

76

74

73

72

70

RELCAPITAL

373

384

377

371

366

359

JSWSTEEL

835

860

844

832

819

803

RELIANCE

1007

1029

1016

1005

994

981

KOTAKBANK

715

732

721

712

703

691

RELINFRA

414

434

422

413

403

391

KTKBANK

153

160

155

152

148

143

ROLTA

100

102

101

100

100

99

LICHSGFIN

463

480

469

461

452

441

SAIL

58

62

60

58

57

55

L&TFH

71

73

72

71

70

69

SBIN

274

281

276

272

268

263

LT

1858

1910

1883

1861

1838

1811

SIEMENS

1462

1504

1479

1459

1439

1413

LUPIN

1889

1924

1902

1883

1865

1842

SINTEX

102

107

104

102

100

97

PP= Pivot Point

RB1= Fibonacci Resistance 1 RB2=Fibonacci resistance 2

SB1= Fibonacci support 1

SB2= Fibonacci support 2

How to trade Pivot points: If stock opens above Pivot point then go LONG, and keep SB1 as the stop loss for a possible target of RB1 / RB2.
If stock opens below Pivot point then go SHORT and keep RB1 as the stop loss for a possible target of SB1 / SB2

Aditya Birla Money Limited

Cello Triumph, Unit No. 502-503 & 505 | I. B. Patel Road | off W.E. Highway | Goregaon (East) | Mumbai - 400063 | Tel: +91 22 61802800

Page No: 3

Money Trend
Scrip Name

14 July 2015

Close

RB2

RB1

PP

SB1

SB2

Scrip Name

Close

RB2

RB1

PP

SB1

SB2

SOBHA

364

381

372

365

359

350

UCOBANK

54

55

55

54

54

53

SRTRANSFIN

925

983

956

935

913

886

UNIONBANK

171

178

174

170

167

162

SUNPHARMA

916

941

927

916

906

892

UPL

521

539

528

519

510

499

SUNTV

278

293

285

279

273

265

UNITECH

SYNDIBANK

105

108

106

105

104

102

VIDEOIND

157

162

158

156

153

150

TATACHEM

444

456

448

441

434

426

VIJAYABANK

41

42

41

41

41

40

TATACOMM

464

481

471

463

455

444

VOLTAS

310

324

316

310

304

296

TATAGLOBAL

137

141

138

136

134

131

WELCORP

130

139

133

128

123

117

TATAMOTORS

402

415

408

402

396

389

WIPRO

560

575

565

557

549

539

TATAPOWER

73

74

73

72

71

70

YESBANK

815

852

827

808

788

763

TATASTEEL

284

292

287

283

279

274

ZEEL

374

398

383

371

359

344

TCS

2510

2561

2528

2501

2474

2441

TECHM

476

484

479

474

470

464

TITAN

357

364

360

356

352

348

PP= Pivot Point

RB1= Fibonacci Resistance 1 RB2=Fibonacci resistance 2 SB1= Fibonacci support 1
SB2= Fibonacci support 2
How to trade Pivot points: If stock opens above Pivot point then go LONG, and keep SB1 as the stop loss for a possible target of RB1 / RB2.
If stock opens below Pivot point then go SHORT and keep RB1 as the stop loss for a possible target of SB1 / SB2

Aditya Birla Money Limited

Cello Triumph, Unit No. 502-503 & 505 | I. B. Patel Road | off W.E. Highway | Goregaon (East) | Mumbai - 400063 | Tel: +91 22 61802800

Page No: 4

Money Trend

14 July 2015

Research Team
Vivek Mahajan

Hemant Thukral

Head of Research

Head Derivatives Desk

022-61802820

022-61802870

vivek.mahajan@adityabirla.com

hemant.thukral@adityabirla.com

Fundamental Team
Sunny Agrawal

FMCG/Cement/Mid Caps

022-61802831

sunny.agrawal@adityabirla.com

Shreyans Mehta

Construction/Real Estate

022-61802829

shreyans.m@adityabirla.com

Pradeep Parkar

Database Analyst

022-61802839

pradeep.parkar@adityabirla.com

Sudeep Shah

Sr. Technical Analyst

022-61802837

sudeep.shah@adityabirla.com

Rahil Vora

Technical Analyst

022-61802834

rahil.vora@adityabirla.com

Soni Patnaik

Derivative Analyst

022-61802832

soni.patnaik@adityabirla.com

Suresh Gardas

Advisory Desk

022-61802835

suresh.gardas@adityabirla.com

Mohan Jaiswal

Executive Research Support

022-61802838

mohan.jaiswal@adityabirla.com

Quantitative Team

Advisory Support

ABML research is also accessible in Bloomberg at ABMR

Aditya Birla Money Limited

Cello Triumph, Unit No. 502-503 & 505 | I. B. Patel Road | off W.E. Highway | Goregaon (East) | Mumbai - 400063 | Tel: +91 22 61802800

Page No: 5

Money Trend

14 July 2015

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or any of its associate or group companies. The information set out herein may be subject to updating, completion,
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Aditya Birla Money Limited

Cello Triumph, Unit No. 502-503 & 505 | I. B. Patel Road | off W.E. Highway | Goregaon (East) | Mumbai - 400063 | Tel: +91 22 61802800

Page No: 6