Sensex fell 0.73% @18,577.70 pts; Nifty dropped 0.69% @ 5,648.00 pts. NASDAQ was up 0.66 %, Dow Jones Industrial Average was up 0.72 %. Britain's FTSE, Germany's DAX & France's CAC were up 0.54% - 0.71%.
(prHWY.com) October 17, 2012 - indore, India -- Market Wrap
Sensex dropped 135.85 pts @18,577.70 while Nifty fell 39.25 pts @ 5648.00. Today
market closed red, erasing all morning gains due to weakness in capital goods, metals,
banks, realty and FMCG stocks, and also on account of less hopes of encouraging
numbers from rate sensitives. The MSCI Asia ex-Japan index was up by 0.53 percent.
TECHNICALVIEW
NIFTY SPOT TREND-CONSOLIDATE
RESI 1: 5725
RESI 2: 5810
SUPP 1: 5585
SUPP 2: 5500
STRATEGY: BUY ON DIPS
THE EQUICOM BANK NIFTY FUTURE TREND- CONSOLIDATE
RESI 1: 11550
RESI 2: 11700
SUPP 1: 11250
SUPP 2: 11100
STRATEGY: BUY ON DIPS
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