With sharp correction in oil prices, market will continue to see some amount of more upmove. This current upmove could get extended to 12350-12400. On the downside multiple supports continue to remain at 11750, 11800 which would act as a trend reversal point. Unless and until 11800 is not breached on the downside, we continue to remain positive, says Vikas Jain, Sr. Research Analyst, Reliance Securities.
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