NIFTY SPOT
TREND-CONSOLIDATE
RES 1: 5175
RES 2: 5235
SUPP 1: 5125
SUPP 2: 5090
STRATEGY: BUY ON DIPS
BANK NIFTY FUTURE
TREND- CONSOLIDATE
RES 1: 10100
RES 2: 10200
SUPP 1: 9870
SUPP 2: 9730
STRATEGY: BUY ON DIPS
The BSE Sensex should gain 10% between now and the end of the year, though only reaching levels seen in July 2011, provided economic growth recovers from a recent lull, a Reuters poll showed on Thursday.
The 30-share BSE index will rise to 18,750 points by the end of 2012, according to the median forecast from a survey of 22 investment houses conducted over the past week, and then rise further to 20,400 by the middle of next year.
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