- The index has broken major resistance 9720 and jumped till is currently trading around 9819.
- Any minor weakness can be seen only below 9560 and any break below 9540 will drag the index down till 9420/9300.
- The minor support is around 9700/9610.
- The major long term support is around 9250 and any close below 9250 will confirm further weakness, a decline till 9000/8800 is possible .
- On the higher side resistance is around 9850 and break above targets 10000/10165
It is good to buy at dips around 9700-9750 with SL around 9580 for the TP of 10000/10165.