Sensex closed up 0.46%@ 19317.25pts; Nifty up 0.48%@ 5879.60pts. European majors DAX up 0.19% & CAC, FTSE were down 0.06, 0.12resp. NASDAQ was down 0.72% while Dow Jones Industrial Avg. was down 0.56%.
(prHWY.com) December 16, 2012 - indore, India -- Market wrap
Sensex closed up 87.99pts @19317.25; Nifty closed up 28.10pts @5879.60 The Market
closed Friday's session in the green, snapping a five-day losing streak as lenders such
as ICICI Bank gained after lower-than-expected inflation data reinforced hopes the RBI
will start cutting interest rates in Jan. ICICI Bank provisionally rose 1.5%, while SBI 2.8%.
Technical Outlook
Nifty
Trend: - Consolidate
Resistance: - 5920, 5970
Support: -5820, 5750
Strategy: - BUY ON DIPS
Bank Nifty
Trend: - Consolidate
Resistance: -12625, 12750
Support: -12400, 12250
Strategy: - BUY ON DIPS
"Get intraday calls with sure returns. The calls are having three targets and a stoploss. The calls are sure to return profit for your investment. Do join us to get sure profit in share and equity market.
We provide tips as Stock tips, equity tips, stock future tips, stock cash tips, nifty future tips, option tips, bullion tips, commodity tips, agri tips.
If anyone interested to take services or tips which is generated through our expert research team member and earn profit in such bumpy market you can visit our site
http://www.theequicom.com and fill the free trial form here
http://stocktipsagritipscommoditytips.blogspot.in/ or call ay our customer care number 09200009266 or 0731-6458808"
###