Equity Tips: commodity tips :Recommendations and Analysis for 6 december

Sensex closed up by 0.23% @ 19391.86pts; Nifty up by 0.19% @ 5900.50pts. European majors CAC, DAX & FTSE were up 0.22%, 0.15% & 0.16% resp. NASDAQ was down 0.18% while Dow Jones Industrial Avg. was down 0.11%.
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indore, India (prHWY.com) December 6, 2012 - Sensex closed up by 0.23% @ 19391.86pts; Nifty up by 0.19% @ 5900.50pts.
European majors CAC, DAX & FTSE were up 0.22%, 0.15% & 0.16% resp.
NASDAQ was down 0.18% while Dow Jones Industrial Avg. was down 0.11%.
Market Wrap
Sensex closed up 43.74pts@19391.86; Nifty closed up 11.25pts@5900.50.The
Market gained on today on hopes the government will muster a majority in parliament in
a crucial vote on FDI in multi-brand retail later in the day. Shoppers Stop rose 6.9%,
Pantaloon Retail closed 4.06% higher, on hopes of a favorable outcome in Parliament.
TECHNICAL OUTLOOK:
Nifty:
Trend: - Consolidate
Resistance: - 5965, 6025
Support: -5830, 5780
Strategy: - Buy on Dips

Bank Nifty:
Trend: - Consolidate
Resistance: -12500, 12620
Support: -12200, 12090
Strategy: - Buy on Dips


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Tag Words: commodity tips, stock tips
Categories: Finance

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