Monday, May 13, 2013

S&P CNX Nifty for 14 May 2013.

The tipping point for the day is at 6019. The resistances placed at 6006, 6027 and 6061.
The supports are at 5962 and 5914.
Our outlook for today is that the benchmark index must overcome 6061 conclusively for the bull run to resume. Otherwise the market will be somewhat weak as it will consolidate.

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