Equity Tips: commodity tips :Recommendations and Analysis for 4th december

Sensex closed down 0.18%@19305.32pts; Nifty down by 0.15%@5870.95pts. European majors CAC, DAX & FTSE were up 0.71%, 0.46% & 0.24% resp. NASDAQ was down 0.06% while Dow Jones Industrial Avg. was up 0.03%.

indore, India (prHWY.com) December 4, 2012 - :
Market Wrap
Sensex closed down 34.58pts @19305.32; Nifty closed down 8.90pts @5870.95 The
market fell on Monday, retreating from a 19-month high, outperformers such as HDFC
Bank were hit by profit-taking on worries over the parliament's impending vote on FDI in
multi-brand retail also gold prices hovered around their lowest level in a month.
TECHNICAL OUTLOOK:
NIFTY SPOT TREND-BULLISH
RESI 1: 5900
RESI 2: 5960
SUPP 1: 5850
SUPP 2: 5810
STRATEGY: BUY ON DIPS

BANK NIFTY FUTURE TREND- BULLISH
RESI 1: 12250
RESI 2: 12400
SUPP 1: 12080
SUPP 2: 11990
STRATEGY: BUY ON DIPS

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Tag Words: commodity tips, stock tips

Categories: Business

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