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- Major support – 10060 (Hourly Kijun-Sen , trend line joining 9363 and 9924)
- Major resistance- 10200 (trend line joining 10487 and 10374).
- The index has once again retreated after making a high of 10197. It is currently trading around 101063.
- Short term trend is weak as long as resistance 10200 holds.
- Any indicative break above 10200 will take the pair till 10374/10487.
- On the lower side, support is at 10060 and any violation below will drag the index down till 9925/9820 (200 HMA).
It is good to sell below 10060 with SL around 10200 for the TP of 9925/9825
