Equity Tips, Stock Tips and Intraday Analysis for 30 May

Indian market ends almost flat: Nifty gaining 5 pts, Sensex gaining 22 pts. | German Import prices m/m came at (-)0.5%, CB consumer confidence at 69.8

Ahmedabad, India (prHWY.com) May 30, 2012 - MARKET WRAP

Indian market ends almost flat: Nifty gaining 5 pts, Sensex gaining 22 pts.

German Import prices m/m came at (-)0.5%, CB consumer confidence at 69.8

European markets were up; with DAX leading; Dow Futures was up 84pts.

Indian equity markets closed with marginal gains today with IT, tech, realty and metal being the lead gainers. Power, auto and oil & gas, too, gained marginally while FMCG, consumer durables & heathcare lost substantially. European market was green with DAX leading 52 points at 6378; CAC was up 20 points at 3063, FTSE up 15 points at 5371.


TECHNICAL OUTLOOK

Nifty

Trend: - Consolidate
Resistance: - 5060, 5140
Support: - 4920, 4840
Strategy: - Buy on Dips

Bank Nifty

Trend: - Consolidate
Resistance: - 9850, 10050
Support: - 9450, 9250
Strategy: - Buy on Dips

We provide tips in all the segments of the stock and commodity market with accuracy above 90% and the tips are given by the analyst through technical and fundamental analysis. The tips are sure to recover the losses and also help in making maximum profit from the minimum investment.

For getting an insight on the report please have a look at the link below

http://www.theequicom.com/reports_files/DAILY%20NEWS%20LETTER%2021.05.2012.pdf

or visit our site here

http://www.theequicom.com/

or call us at 0731-6458808,09200009266

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