In a positive session for the domestic stock market, the benchmark indices surged to a lifetime highs on Tuesday. NSE Nifty made a better-than-expected opening and traded with substantial gains for most part of the session. The index showed no signs of retracement and closed 111.05 points or 0.92% per cent higher at 12,165.
The headline index attempted to cross the strong Double Top resistance at 12,103 on a closing basis. This has once again increased the possibility of a breakout.
Nifty Chart
Nifty50 closed higher at 12165.95 level, +111.05 points, or +0.92 per cent. Nifty Support : 12100 and 12070 Resistance : 12200 and 12230.
