Buy or Sell | Nifty to trade between 11,750-12,000

Market will continue to trade in the broader range of 11750-12000 levels over the next few weeks and individual stock specific opportunities would come in. On the downside 11750 continues to remain a strong reversal point and if that is breached then then we can see fall to 11550 levels. On the higher side 12050, 12100 continues to remain a strong resistance. Auto and pharma will continue to see some more pain, says Vikas Jain, Sr. Research Analyst at Reliance Securities.