Equity Tips: Recommendations and Analysis for 1st november

Sensex raised 0.40 %@18,505.38 pts; Nifty dropped 0.39 % @ 5,619.70 pts. Europe's major indices CAC, DAX & FTSC were up from 0.40 % - 0.58 %. NASDAQ was up 0.06 %, while Dow Jones Ind. Avg. was up 0.03 %.

indore, Iceland (prHWY.com) November 1, 2012 - Market Wrap

Sensex closed up 74.53 pts @18,505.38 while Nifty closed up 21.80 pts @ 5619.70.
Today Sensex rose, recovering from steep falls in the previous session, as auto makers
such as Maruti Suzuki rose on hopes sales would rebound, while drug makers including
Karur Vysya Bank & Glenmark extended a recent rally on the back of robust earnings.

TECHNICALVIEW
NIFTY SPOT TREND-CONSOLIDATE
RESI 1: 5660
RESI 2: 5750
SUPP 1: 5550
SUPP 2: 5460
STRATEGY: BUY ON DIPS

BANK NIFTY FUTURE TREND- CONSOLIDATE
RESI 1: 11450
RESI 2: 11600
SUPP 1: 11200
SUPP 2: 11050
STRATEGY: BUY ON DIPS
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