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- Major resistance -2150 (55- 4H EMA).
- Minor support - 2130.
- The index jumped slightly till 2149 after forming a temporary bottom at 2112.90. It is currently trading around 2137.
- On the lower side, any break below 2130 will drag the index down till 2120/2112.90.
- The index major resistance is around 2150 and any indicative break above will take the index to next immediate resistance at 2165/2180 level.
- Minor trend reversal only above 2180.
It is good to sell on rallies around 2135-2140 with SL around 2150 for the TP of 2112
