Nifty Update for December 19 - Inder Bhatia

The Indian market opened on positive note and drift in to the red zone but closed with handsome gains. After a good inflation number, the market saw a U turn and closed near the day's highs. For the coming session we could witness a momentum towards upside and the Nifty could test the 3153-3170 zone. On the lower side, 2929 would be the stop-loss closing base.