Sensex raised 0.97% @18,791.93 pts; Nifty raised 1.03% @ 5,718.70 pts. NASDAQ was up 0.10 %, Dow Jones Industrial Average was up 0.04 %. Europe's CAC & FTSE were down 0.22%-0.10%, while DAX was up 0.31%.
(prHWY.com) October 19, 2012 - indore, India -- Market Wrap
Sensex raised 181.16 pts @18,791.93 while Nifty raised 58.45pts @5718.70. Market got
momentum after a slew of Chinese data boosted optimism about the health of the
world's second-largest economy, sending Asian indexes higher. Shares in banks,
property & auto gained on hopes of higher consumer spending during Dussehra festival.
TECHNICALVIEW
NIFTY SPOT TREND-CONSOLIDATE
RESI 1: 5750
RESI 2: 5830
SUPP 1: 5635
SUPP 2: 5540
STRATEGY: BUY ON DIPS
BANK NIFTY FUTURE TREND- CONSOLIDATE
RESI 1: 11720
RESI 2: 11860
SUPP 1: 11390
SUPP 2: 11250
STRATEGY: BUY ON DIPS
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