nifty view for 12th december 2014
Nifty future broke 8330 support yesterday and dipped till 8316 but tried to recovered in last session which later encountered by FII’s selling , now if nifty future click our support of 8290 and manage to sustain below our technical support then expect nifty future to correct upto 8250 – 8210 .
If nifty future click our resistance of 8410 and manage to sustain above our technical resistance then expect nifty future to fire upto 8440 – 8490 .
Nifty view conclusion : Nifty is in weak zone but yesterday’s rise has made nifty a risky sell
More will update to our subscribers