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- Major resistance – 9735 (200 HMA)
- Major intraday support -9530 (Hourly Kijun-Sen)
- The index has jumped till 9642 yesterday and started to decline from that level. It is currently trading around 9575.
- The intraday trend is weak as long as resistance 9760 holds. Any indicative break above 9760 will take the pair till 9835 (55 4H MA)/9895 (61.8% retracement of 10348 and 9161)/10027 (161.8% retracement of 6718 and 9214).
- On the lower side , major intraday support is around 9530 (Hourly Kijun-Sen) and any break below targets 9425/9375/9270.
It is good to sell on rallies around 9620-30 with SL around 9760 for the TP of 9375/9270
