Dow has closed above its resistance level of 8800 which has given a technically uptrend signal to Dow. We can also view more positive signals emerging worldwide. We are seeing a fall in Dollar Index and a corresponding rise in Commodities. A rally in Asian Markets can be observed. But this doesn’t mean that Indian market would surely go up. Just watch what happens in second half of trading session. Market may start positive but may give a surprise by going down sharply at any point. So be cautious and ready for surprise at any time.

BSE Sensex: the support for the Sensex would be 8915 and the resistance to the up move is at 9320-9478-9630. 

NSE Nifty: (2784) the support for the Nifty is at 2700 and the resistance to the up move is at 2860-3113.

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