NIFTY OUTLOOK
Trend: - CONSOLIDATE
Resistance: - 5950, 6000
Support: - 5850, 5800
Strategy: - Buy on Dips
BANK NIFTY OUTLOOK
Trend: - CONSOLIDATE
Resistance: -12550, 12680
Support: -12370, 12250
Strategy: - Buy on Dips
STOCK FUTURE TIPS
BUY NTPC FUTURES ABOVE 149
TG-150.7/152
SL-147.7
BUY ADANI PORT AND SEZ LTD FUTURES ABOVE 157
TG-158.7/160.8
SL-155.7
STOCK CASH TIPS
BUY EMAMI ABOVE 625
TG-630/636/643
SL-618
SELL BF UTILITIES BELOW 274
TG-272/269.5/266.5
SL-276.5
MARKET WRAP
Sensex gained 0.52% @ 19,561.04 pts; Nifty raised 0.42% @ 5,922.50 pts.
European indices FTSE & CAC were up from 0.06% & 0.14%; DAX fell0.26%.
NASDAQ was down 0.06% while Dow Jones Industrial Ave. was down 0.16%.
Sensex gained 100.47@19561.04; Nifty dropped 24.65pts@5,922.50. Today market gained, ending an eight session losing streak that had marked its longest since May 2011, as ONGC gained after Q3 earnings, while Tata Motors rose ahead of its own results later this week. Poor manufacturing, consumption pull down Dec IIP 0.6%@1.1%.
FOR MORE INFORMATION ON TODAY'S RESULTS AND STOCKS TO WATCH PLEASE FILL THE FREE TRIAL FORM ON THE LEFT HAND SIDE OF THE BLOG OR CALL US FOR MORE INQUIRY 09200009266
