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Market may range between 3400 & 11600-12000, its not bottomed yet..



 

It was a day of positive consolidation at the markets. Though markets witnessed a small bout of profit booking mid-day, the indices managed to hold on. The entire metals pack and capital goods stocks went home with good gains. Volumes were not too bad as well. The Sensex closed up 186.04 points, or 1.8%, at 10534.87, while the Nifty was up 45.55 points, or 1.42%, at 3256.6.

 

The experts view that the Nifty, sensex may range between 3,400 and 11,600-12,000

 

Read views on Market not bottomed yet, but rally extent is unpredictable….http://http://www.moneycontrol.com/india/news/market-outlook/mkts-not-bottomed-yetextentrally-unknown-experts/392026

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