The document summarizes the performance of the Nifty index for the week ending December 28th, 2012. It notes that the index remained in a range between support at 5,838 and resistance at 5,966. A break above 5,966 could signal an advance towards the major target of 6,200, while a fall below 5,838 would indicate a deeper correction is underway that could push the index to 5,700-5,720. Option data suggests the market sees support around 5,800 and resistance at 6,000 in the near term. Stocks in the public sector banking sector are recommended for purchase considering the medium-term bullish view.