Morning Release for 13 December 2018
Nifty traded in a high volatility session and closed with a change of +1.79% at the levels of 10737. The markets are expected to open in a sideways to bullish territory. The upside resistance will be at 10790-10830-10868 and support at 10650-10600 -10580.
Indian shares remained highly volatile and reacted positively after the state election results, and ended in the positive territory after a long bearish move showed in previous day.
The broader NSE Nifty ended 1.79% higher at 10737. Bharti Airtel rose up as much as 7.15% to INR. 311.00, IBULHSGFIN rose up as much as 6.91% to INR. 740.80. and HEROMOTOCO rose up as much as 6.88% to INR. 3248.00.
Pivot Levels for 13 December 2018