Wednesday, December 5, 2012

S&P CNX Nifty for 6 December 2012.

The tipping point for the day is at 5902 and Nifty will have to trade above this point consistently for the bullish trend to continue in which case the immediate resistance will be met at 5916 and then at 5929 and 5942.
On the flip side the immediate support is at 5888 and 5841.
Our outlook for today is a weakish start with consolidation and upsurge later on.

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