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For Thursday,December 13, 2018, the trend deciding point for the day for Nifty emerges at 10711mark.On its down move Nifty is expected to take support around 10711mark. If thislevel is broken due to strong selling pressure, then the next support is expectedto emerge at10627mark, depending on the supply pressure.But this will bepossible only if there is a sharp down move. On ascent, the first resistanceexists at 10837mark. A sharp up move can make nifty cross this level and makeit reach to10880mark,depending on the force of demand pressure.An intermediateresistance stands at 10824mark. If there is not much demand, then Nifty canreverse from here for downside, instead of 10837 mark. On the other hand, anintermediate support exists at 10743mark, the first weekly support. If there isnot much supply, then Nifty can reverse from here for upside, instead of 10711mark.

ForThursday, December 13, 2018, the trend deciding point for the day for Bank Niftyworks out at 26615mark. Thus any fall in Bank Nifty towards this level of 26615shouldget a support. If this support zone is broken due to strong selling pressure,then the next support is expected to emerge around26405mark. But this ispossible only if there is a sharp downmove. On the ascent, an importantresistance exists at 26927mark. If this is crossed, then the next resistance isexpected to emerge at 27034mark, depending on the demand pressure.

For Thursday, December 13, 2018, the trend reversal point for Nifty stands at10465 in spot. Any close BELOW 10465 in spot on Thursdaywill change the trendin Nifty to NEGATIVE. Again, that for BankNifty, this level stands at 25945 in spot. This implies that a close BELOW 25945on Thursday for Bank nifty in spot will change the trend in that index in to NEGATIVE.

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