Sunday, December 9, 2012

S&P CNX Nifty for 10 December 2012.

The tipping point for the day is at 5915 and to resume the bullish upsurge, the Nifty must trade above this point. Otherwise, the immediate support is at 5880 and then at 5865.
In case of an up move, the immediate resistance is at 5928 and then at 5941.
Our outlook for the day is that the market may consolidate further sideways with a bullish bias.

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