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November IIP at -2.1 vs-1.6

November IIP at -2.1

Bank Nifty opened with an negative bias & continously faced selling pressure & finally closed @ 11630 way below the crucial 11700 support zone. Price Action at 11500-11550 zone would act as a crucial support as 11530 is the 38.2% Fibonacci Retracement from 10412 to 12225. Till the support zone at 11500 is held, Index is likely to recover upto 12000-12100.

Today Nifty Resistance and support are
Resistance-6260
Supprt-6190

Today nifty open at flat mode

Unfazed by threats of closure of Nokia's Chennai plant, a top Finance Ministry official today asserted that the Finnish company, which is being acquired by Microsoft, will have to clear a total tax liability estimated at around Rs 6,500 crore.

TODAY UPDATE
NIFTY close above 6150

today is election day at delhi and mizoram.
let see what will people choose for their future