Tuesday, January 1, 2013

S&P CNX Nifty for 2 January 2013.

The tipping point for today is at 5950 which also happens to be the closing point of the benchmark index yesterday. A slip below this point will see Nifty consolidating with 5902 as the critical support, the immediate supports being 5939 and 5926.
Our outlook for the day is consolidation with bullish bias with resistances at 5965, 5979 and 5995.

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