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Nifty trend 11 02-2013

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Nifty trend 11 02-2013 Powered By Docstoc
					Markets experienced a volatile session and closed on a disappointing note below their key support
levels. Nifty future closed below the upward channel pattern on daily charts indicating a confirmation
towards bears. For the coming session, 5900 will act as crucial mark for the index. Now, immediate
support is seen in the range of 5860-5830. Now, strength can now only be said if it holds above the
level of 5975.

TREND: SIDEWAYS

SUPPORT : 5870 & 5830
RESISTANCE: 5975 & 6030

Major Market News:

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        Sun Pharma Q3 profit climbs 32% to Rs 8.8 bn.

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