Nifty dec Fut closed for the week on a strong note at 6228 up by 213bps on renewed interest from the domestic institutional investors who have been net sellers thus far, Boost came ahead of GDP and fiscal defecit data to be announced on 29th nov after market hours. Coming to the previous week's update Nifty Nov fut was volatile after a strong opening it tumbled down and was consolidating.

For next week nifty Dec Fut can show some bullish sentiments as Nifty has tested its major resistance level of 6240 so further upside rally can be expected. Major levels to watch are 6240 if Nifty Dec Fut manages to cross its resistance level of 6240 levels of 6305 and 6395 can be expected on upside. Its major support level is at 6120 breaching of which can test 6065 mark.

Stocks to watch on:

KARNATAKA BANK FUT:- Technically stock is looking very strong on charts, and is very well sustaining above its 10 and 50 days moving average, Its major resistance level is at 106.20 one can take fresh long positions in karnataka bank fut above the levels of 106.20 for targets of 109 and 114 with SL of 104.95

PTC FUT- Technically Stock is trading with positive sentiments and is sustaining above its 10 and 50 days moving average. One can take fresh long position in PTC fut above 65.60 for tgts of 67 and 69 with Sl of 64.35.