Thursday, January 3, 2013

S&P CNX Nifty for 4 January 2013.

The tipping point for today is at 6006 with 5992 as the immediate support and then at  5976 and 5950.
On the flip side, the immediate resistance is at 6022, 6035 and 6053.
Our outlook for today is that 6006 is the major hurdle for the Nifty to resume its up move. It might open soft initially and aim for a new 52 week high later.

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