According to Angel Broking's Technical Analysis report, if the indices trade convincingly above 9746/2945 levels then it may test 9940–10150/2980–3040 levels.
Angel Broking's Technical Analysis report:
Markets opened weak in early trade in the wake of weak global cues. The benchmark indices started recovering late afternoon inspite of weak IIP data and closed near to the days high. We expect this momentum to continue in the coming trading session. On the upside, if the indices trade convincingly above 9746/2945 levels then it may test 9940–10150/2980–3040 levels. Short term traders can hold on to their longs. On the downside 9525-9470/2880–2860 levels may act as support for the day.
