MARKET WRAP
Sensex dropped 0.15% @ 19,468.15 pts; Nifty fell 0.16% @ 5,887.40 pts.
European CAC was up 0.20%, FTSE & DAX were red from 0.03%-0.11%.
NASDAQ was up 0.06% while Dow Jones Industrial Ave. was down 0.07%.
Sensex fell 29.03@19468.15; Nifty dropped 9.55pts@5,887.40. Sensex fell on Friday to its lowest levels in 2013 as Dr. Reddy's shares retreated a day after reporting a largerthan-expected fall in quarterly earnings, while software service exporters fell on profitbooking. Today’s gainers are Tata Motors Up 6.8%, Sun Pharma Up 5.5%, CIL Up 3.3%.
NIFTY OUTLOOK
Trend: - CONSOLIDATE
Resistance: - 5900, 5950 Support: - 5830, 5780
Strategy: - Buy on Dips
BANK NIFTY OUTLOOK
Trend: - CONSOLIDATE
Resistance: -12415, 12550 Support: -12250, 12120
Strategy: - Buy on Dips
STOCK FUTURE TIPS
BUY RELINFRA FUTURE ABOVE 479
TRG 481.5/ 486.75 SL 462.5
SELL ARVIND FUTURE SELL BELOW 86.75
TRG 86.3/ 85.25 SL 88
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