Nifty Trend For Tomorrow 08-Dec

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It was full of ups and downs day in Indian Stock Markets. Nifty showed mixed behavior today and showed some buying interest from lower levels, however, profit booking was also seen from higher levels. For coming trading sessions Nifty has some resistance in 5,100-5,125 zone, if Nifty manages to sustain above this zone then further buying interest may be continuing else profit booking may be continuing.

For intraday trading tomorrow 08-Dec, the trend deciding level is at 5,060. If Nifty manages to trade above this level, then rally to 5,100-5,125-5,170 may be seen. On the downside if Nifty fails to show strength above 5,060 levels then selling pressure till 5,000-4,950 may also be seen.

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