Thursday 13 December 2012

NIFTY Updates for Today 13 Dec. 2012


The Nifty had another day of consolidation and we still are trading above 5,840 level until which we should have a positive bias, and hence I suggest holding long position to those who have created longs at lower levels as we are on course towards 6,000 and more. For today's trade, Nifty is likely to trade in the range between 5,920 - 5,945 in the upper side and 5,870 - 5,850 in the lower side.

The Sensex has supports at 19,280 and 19,190 and resistances at 19,480 and 19,610. The Nifty spot has supports at 5,865 and 5,830 and resistances at 5,925 and 5,965.

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