Outlook for the day
Markets opened with a gap witnessing volatility throughout the day and finally managed to close in the
positive terrain. The coming trading session is expected to trade with positive bias .On the upside indices
will face resistance at 13840 – 14000 / 4220 – 4250 levels if it trades convincingly above 13770 / 4190
levels. However on the downside 4116 / 13593 levels remains important support levels for the day, and any
fall below these levels, indices are likely to test 13500 /4100 levels