NIFTY TODAY: EPISODE 243

                                          NIFTY TREND FOR 14-03-2013

MAJOR RESISTANCE LEVELS: 5877-5910-5931

Indian markets were closed in red yesterday. Nifty lost 63 points (1.06%) last day.

Nifty (closing): 5851.20

Nifty closed at neutral zone on Wednesday. Both long and short positions should be taken carefully today. Most probably, Nifty may close steadily today.

MACD and Stochastic depict bearish trend. RSI still indicates neutral trend. Upper Bollinger Band at 6006, while, Middle Bollinger Band at 5848.

Global markets closed with a steady and mixed trend. Dow Jones has made new record in it's index today too. Brent Crude prices decreased remarkably for last 24 hours. Rupees lost strength against Dollars.

India VIX closed at 16.20 with 1.07 point (7.07%) gain.

GOOD LUCK......................