Nifty Update for December 13 - Inder Bhatia

The Indian market opened on a positive note and closed in the green zone. For the coming session Nifty had kissed 50-day SMA on the daily chart, which will now act as a strong resistance zone. If Nifty closes above 3020 it could test 3150. On the lower side 2753 will act as a strong support zone.