equity tips:commodity tips ::Market technically analyzed reports on 28th dec

Sensex down by 0.48%@19323.80pts;Nifty down by 0.60%@5870.10pts. European majors CAC, DAX & FTSE down by 0. 49%, 0.26% & 0.21% resp. Nasdaq was down 0.74% also Dow Jones Industrial Avg. was down 0.19%.

indore, India (prHWY.com) December 28, 2012 - Market wrap

Sensex closed down 93.66pts@19323.80;Nifty closed down 35.50pts@5870.50. The
Market fell on today an out-performers such as Ril Ind. were hit by profit-booking, while
technology stocks such as Infosys fell due to concerns about their profit outlooks ahead
of the expiry of derivatives at the end of the session.Ril Ind. fell 1.2% & Infosys lost 0.9%.

Technical Outlook


Nifty


Trend: - Consolidate
Resistance: - 5930, 6000
Support: -5800, 5750
Strategy: - Buy On Dips

Bank Nifty


Trend: - Consolidate
Resistance: -12570, 12750
Support: -12230, 12120
Strategy: - Buy On Dips


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