I believe the real winning will be sustaining above this level and climbing up further, specially with a economic conditions that have lots of well known concerns.
Technically the steady pace of the rally and closing above 12000 is significant, it should strengthen the bulls for upcoming days. The immediate levels to watch out for are 12070, 12140 and 12200. On the downside the strong support exists at 11900-11920 levels.
and combination indicator has given a BUY signal yesterday, today's daily candle is a , continuation of rally can be expected.
Beginners may try Puneet_9EMA_21_RSI on a two hour Nifty Chart, it provides reliable Enter and Exit signals for positional trades.
This post is not an advice to speculate using leveraged products, one must thoroughly understand the financial implications, consult some financial advisor before taking any positions.
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I apologies for posting inaccurate information in the above post.