equity tips:commodity tips ::Market technically analyzed reports on 21th dec

Sensex closed down 0.11%@ 19453.92pts; Nifty down 0.22%@ 5916.40pts. European majors DAX & CAC were down 0.09%, 0.03% & FTSE up.06%resp. NASDAQ was down 0.33% while Dow Jones Industrial Avg. was down 0.74%

indore, India (prHWY.com) December 21, 2012 - Market Wrap

Sensex closed down 22.08pts @19453.92; Nifty closed up 13.20pts @5916.40 The
Indian Equity Market remained under selling pressure due to weakness in Reliance
Industries and ITC. L&T, HDFC Bank and State Bank of India too were under pressure.
FMCG major Hindustan Unilever and drug producer Cipla gained 0.9% and 1.4%, resp.

Technical Outlook

NIFTY SPOT TREND-BULLISH
RESI 1: 5970
RESI 2: 6020
SUPP 1: 5860
SUPP 2: 5800
STRATEGY: BUY ON DIPS

BANK NIFTY FUTURE TREND- CONSOLIDATE
RESI 1: 12650
RESI 2: 12800
SUPP 1: 12350
SUPP 2: 12100
STRATEGY: BUY ON DIPS

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