Nifty Technical levels for 11th April 2013

     Nifty spot yesterday moved in a wide range of 100 points , which is very unusual and can be a sin   of distribution. Immediate resistance for the index is seen at 5600 and 5646 only a two day close above the second resistance can confirm that the correction is over.

      Intraday support for the index is placed at  5520 and 5475

Events  market is Tracking In April 2013 are

Industrial output data for February, on April 12^th

WPI inflation for March, on April 15^th

And  Parliament session on April 22nd