As highlighted yesterday 13413 was a key level and Nifty tried to get support at this level many times but failed to close above it. This signals that there is a consolidation and some profit booking happening at these higher levels. The global cues were also weak adding more of the selling pressure. Tomorrow if Nifty has to breakout there is a need for a gap up...
Nifty is on a bullish mode for the month of December with a mix of consolidation. For tomorrow following would be some key levels
On the upside
Decision level:13375 ( Above this there will be positive strong breakout)
Breakout target: 13430
On the lower side
Breakdown below 13143
Breakdown target: 13088
Nifty will trade between 13200 - 13374.
Key buy levels...
