The Sensex zoomed past the 10,000-mark yesterday aided by heavy short-covering in select index heavyweights. The recent rally which has been suprising has caught most of the players on the wrong foot.
Technically, the mid-term trend has turned up and will remain up as long as the index sustains above 9,650.
Today, the Sensex may face resistance around 10,125-10,200. On the downside, the index is likely to find support around 9,880-9,800.
The Nifty is likely to face resistance around 3,130-3,155, while find support around 3,035-3,005.
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