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- Major resistance - 9300 (trend line joining 10876 and 9926)
- Major support - 9149 (7 day 4H EMA)
- The index has broken major resistance 9130 yesterday and jumped till 9266 at the time of writing. It is currently trading around 9242.
- Any break above 9300 confirms minor trend reversal, a jump till 9460/9620 is possible .
- Overall bearish invalidation only above 10000.
- On the lower side any break below 9149 will drag the index till 9035/8890.
Buy above break out 9300 with SL around 9149 for the TP of 9460/9620
