The Sensex is likely to open yet again on a positive note backed by global cues.
However, the markets are likely to swing to the expiry tunes. The pull-back in the last two days, can trigger a strong wave of short-covering some time during the day.
Technically, the index seems poised for some more gains, however, they are unlikely to be held in the coming days.
Today, the Sensex may face resistance around 9,340-9,365-9,390, while support on the downside could be around 9,175-9,150-9,120.
The NSE Nifty is likely to face resistance around 2,885-2,895-2,905, while support on the downside will be around 2,815-2,805-2,795.
