Yesterday: Indian Stock Market went up sharply and was able to cross its first major resistance level of 10000.

Today: Now Indian Stock Market still looks up but technically the market is overbought and We won’t prefer any long position or delivery in this market, may be intraday trading is the best option but with caution.

Also Read: Analysis: EquityPandit.com suggests to trade with caution !

BSE Sensex: (10003) The support for the Sensex is 9900 and the resistance to the up move is at 10190-10500.

NSE Nifty: (3082) The support for the Nifty is at 3000 and the resistance to the up move is at 3150-3130.