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: Sensex ends down 96 points below 19,500; Metal, Realty drag. M&M Q3 profit jumps 26.3% led by sales growth. Hindalco Q3 profit falls 3.8%; margin contracts. Canara Bank Q3 profit falls 18.9%. Sun Pharma Q3 profit climbs 32% to Rs 8.8 bn. For more info click here Stock Tips Commodity Tips
"Nifty trend 11 02-2013"