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Watch Nifty
Ø Nifty had a good pull back. While it could sustain for a couple of sessions, to believe that the current reaction is over would be premature until a confirmation by way of Nifty crossing 6050 (+/- 10pts.) or 6150 (+/- 10 pts.) happens. If it is unable to do so, one can expect another leg of reaction before resumption of a bull run. The same is true for Bank Nifty.
Ø Nifty's resistance for 13/12 is expected around 5870 and then 5920.
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