Equity Tips: commodity tips :Recommendations and Analysis for 30 October

Sensex closed up 0.06%@18,635.82pts; Nifty closed up 0.02%@5,665.60 pts. Asian market Hang Seng was down 0.16 %, Nikkei was down 0.04 %. NASDAQ was up 0.06 %, Dow Jones Industrial Average was up 0.03 %

indore, India (prHWY.com) October 29, 2012 - Market Wrap

Sensex closed flat up 10.48 pts @18,635.82 while Nifty closed flat up 1.30pts @
56665.60. Indian shares closed flat amid volatility on Monday as investors looked
cautious ahead of half-yearly monetary policy review by the (RBI) tomorrow. The gains in
Reliance Industries, ITC, Bharti while fall in BHEL, L&T, ICICI Bank, Tata Motors shares.

TECHNICAL OUTLOOK

NIFTY SPOT TREND-CONSOLIDATE
RESI 1: 5720
RESI 2: 5800
SUPP 1: 5630
SUPP 2: 5580
STRATEGY: SELL ON HIGHS

BANK NIFTY FUTURE TREND- CONSOLIDATE
RESI 1: 11670
RESI 2: 11810
SUPP 1: 11440
SUPP 2: 11300
STRATEGY: SELL ON HIGHS

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