- Major resistance- 6350 (27TH Apr high)
- Major intraday support -6200
- FTSE100 has recovered after making a low of 6222 made a low of 6248 yesterday and slightly recovered till 6298 from that level. It is currently trading 6270.
- The index major resistance is around 6320 (200 day MA) and any break above will take the index till 6350/6361 (61.8% retracement of 6433 and 6248)/6412.
- On the lower side minor support is at 6240 and any break below 6200 will drag the index down till 6200/6165/6100.
- StochRsi-Sell
It is good to sell on rallies around 6300 with SL around 6350 for the TP of 6205/6165
