Nifty update

Nifty sensex update

IIP has fallen to 3.8% Vs 4.3%, however it has recovered a bit as compared in last month.
Asian Development Bank has reduced India’s GDP growth 5.1% from 6.5% in FY 2020

India’s CPI inflation came at higher of 5.5% Vs 4.62%,
 Food inflation also rose up to 10.01% Vs 7.80% in October.

   All data is not favor market but our market still higher because global markets has shown strength

Nifty Spot 12158.80. If sustained and holds above 12159 level further rally will be expected up to 12250, 12350 and 12450/12500

When markets hit all time high selling pressure will come.
 
Nifty considering  supports 11955 and 11830. Very strong support zone 11800.

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