HDFC Sec: 11,330 key support for Sensex

According to HDFC Securities, markets could open flat to weak, but remain largely rangebound.

Century, Hero Honda, Mphasis, Pfizer, Sterlite and Sun Pharma could do well, stocks like IPCL and Ranbaxy could come under selling pressure.

On the technical front, a break below 11,460 will induce further selling pressure towards the 11,330 mark, which is the crucial support zone.

On the upside the 11,630 level is the crucial resistance. The Nifty
continues to trade between the 3330-3400 range.

A breakout of this range would determine the future direction of the market.