Sensex dropped 0.71% @18,625.34 pts; Nifty dropped 0.72% @ 5,664.30 pts. Europe's major indices CAC, FTSE & DAX were down from 0.59% to 0.86%. NASDAQ was up 0.15 %, Dow Jones Industrial Average was up 0.20 %.
(prHWY.com) October 29, 2012 - indore, India -- Market Wrap
Sensex dropped 133.29 pts @18,625.34 while Nifty dropped 41.00 pts @ 5664.30.
Indian shares fell on Friday to close at its lowest in 1-1/2 weeks, as lenders such as PNB
fell after reporting a rise in bad assets in the July-Sept. quarter, while HUL fell on
disappointment over its volumes growth. Asian markets closed 1.4-1.8 percent lower
TECHNICALVIEW
NIFTY SPOT TREND-CONSOLIDATE
RESI 1: 5720
RESI 2: 5800
SUPP 1: 5630
SUPP 2: 5590
STRATEGY: SELL ON HIGHS
BANK NIFTY FUTURE TREND- CONSOLIDATE
RESI 1: 11700
RESI 2: 11810
SUPP 1: 11540
SUPP 2: 11450
STRATEGY: BUY ON DIPS
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