Wednesday, December 12, 2012

S7P CNX Nifty for 13 December 2012.

The tipping point for today is at 5895 which is a little above yesterday's closing and Nifty will have to trade above this level to resume it's upward journey with 5927 as the immediate resistance and then at 5947 and 5969.
On the flip side, if it fails to stick its head above the 5895 mark then the immediate support is at 5866 and then 5805.
The outlook for today is that there may be a breakout in either direction.

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