The Indian stock market is expected to open on a cautious note after eight straight days of gains.
The BSE Sensex rallied 316.02 points to end at a record closing high of 43,593.67 on November 11 while the Nifty50 climbed 118.10 points to 12,749.20. According to pivot charts, the key support levels for the Nifty is placed at 12,623.6, followed by 12,498.0. If the index moves up, the key resistance levels to watch out for are 12,822.3 and 12,895.4.
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