>Daily Technical Report (MARWADI FINANCIAL)

Wall street Gain, Asian market decline on doubts US stimulus Measures will revive growth. Again today IIP and inflation numbers is declared so we expect before the key data lot of volatility will take place.
Experts expect that the IIP numbers will decline in Decembers is -0.2%, inflation numbers will continue in the south wards direction so keep watch on that events. Again the technical correction is expected. Today last parliament House is started and the major party raise their points in this session so it also the crucial events for the markets.
On Technical note market today looks marginal negative opening and the through the will remain in the volatile mode. Intraday trader it is advisable to wait in morning session but after establishing the trend script specific buying will emerge so keep watch on that counters. At higher levels profit booking is also advisable.
Today sensex trade in the range of 9730-9540 And Nifty in the range of 2930-2870

To see full report: Technical Report 12-02-2009