Brics PCG, in its technical outlook, states that yesterday a correction was witnessed on lower volume for the rise witnessed on July 11.The resistance zone is yet to be crossed and the same should be done on strength by the index. Else a sideways trend will logically prevail.Following yesterday's sideways correction, a rally will follow only above 10940, whereas a downward correction will continue below 10797.The bias is positive; oscillation will continue between 11051 (3278) and 9901 (2899).The immediate directional swing on the index is Up and the same will be broken on a decisive break below 10610 (3121).Only above 10940, up days will be witnessed, whereas a down day will prevail below 10797.Hurdles for the Sensex, today will be at 10,929-10,973-11,070. Supports will be witnessed at 10,788-10,744-10,647.
