equity tips:commodity tips ::Market technically analyzed reports on 20th dec

Sensex up by 0.57%@19476.00pts;Nifty up by 0.56%@5929.60pts. European majors CAC, DAX & FTSE up by 0. 47%, 0.33% & 0.62% resp. Nasdaq was up 1.46% while Dow Jones Industrial Avg. was up 0.87%.

indore, India (prHWY.com) December 19, 2012 - Market Wrap

Sensex closed up 111.25pts@19476.00;Nifty closed up 32.80pts@5929.60. The Market
rose for a second consecutive session on Wednesday led by IT stocks after recent
losses were seen as overdone and on hopes a resolution to the "U.S. cliff" standoff
would improve the outlook for a key export market.TCS rose 1.8 %, & Infosys up 1.2 %.

Technical Outlook

Nifty


Trend: - Consolidate
Resistance: - 5970, 6040
Support: -5880, 5820
Strategy: - Buy On Dips

Bank Nifty

Trend: - Consolidate
Resistance: -12750, 12900
Support: -12360, 12150
Strategy: - Buy On Dips


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Tag Words: share tips, free equity tips, commodity tips, stock tips

Categories: Finance

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