The Sensex yesterday closed above the resistance (9,580-9,650) zone for the first time. The index needs to close today as well above 9,650 for the uptrend to continue. Failure to do so will see the index pare some of its recent gains in the coming days.
Today, the Sensex is likely to face resistance around 9,775 - 9,840. On the downside, the index is likely to find support around 9,560-9,495. Below which, the index may test 9,300-9,230 in the next few trading days.
The Nifty is likely to face resistance around 3,010-3,030, while find support around 2,955-2,940.
