Sharekhan's view on 13000 as key Nifty short term target | Gainers and Losers today
The current leg of the rally that started from the beginning of November achieved its equality target (12850) on the upside. Structurally, there is scope for extension on the upside, which means the index can continue to stretch higher. Going ahead, 13000 and 13350 will be the key short-term targets to watch out for. On the flip side, 12750-12700 will act as a near term support zone for Nifty.
NSE Nifty closed at 12874 up 94 points while BSE Sensex closed at 43953 up 315 points. Bank Nifty closed at 29181 up over 2% while BSE Metal Index also closed up over 2% at 9662: Reuters