Last Week: On the last trading session, Indian stock market has seen tremendous up move of about 5%.

Today: Market looks up and it is important to see whether nifty would break its major resistance level of 2750-2800.

BSE Sensex: (8757): The support for the Sensex is 8600 and the resistance to the up move is at 8900-9000.

NSE Nifty: (2719) the support for the Nifty is at 2665 and the resistance to the up move is at 2750-2800.

Profit Booked through our Friday’s picks:

Yesterday both of our targets on CAIRN India has been achieved. Profit was Rs. 7 per share of CAIRN.