Thursday, December 13, 2012

Dec13 Update

Nifty slide down today with higher volumes and -ve breadth. Important points for today.

1. Nifty down by 0.65% with 0.23 breadth.
2. 518th day since the highs of 6338, 242nd day since the lows of 4531.

Nifty Slid further today to close just above 5850.Staying above 5800 level, Nifty could again attempt 5950+ level. Nifty's reaction at 5950 will decide the further bullish/bearish scenario going ahead.Quarterly/Yearly range remains at 417/1378 points.

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