Indian Stock Market Outlook as on 11/02/2012

VIEW CAUTIOUS FOR TRADERS: EXITING LONG POSITIONS ADVISABLE OR LONG NEXT MONTH 4800 PUT MONTHLY PATTERN NOT IN FAVOUR OF BULLS. MEDIUM TERM UPTREND STILL INTACT, HOWEVER NIFTY MUST NOT BREAK BELOW 5110 AND END CORRECTION BEFORE THE NEW EXPIRY.                                 The NSE Nifty spot closed at 5333.55 up by 113 points and BSE Sensex closed at 17503 up by 2.09% on weekend. Metal stocks ended the week with notable losses despite turning in an...