US markets closed at almost flat and Thursday morning most global markets are trading at minor negative.
Nifty50 Technical Analysis
Yesterday, till afternoon i.e. 2 pm Bulls were in charge of the market but at the closing, we saw good profit booking in the market.
Nifty50 Resistance: 10040, 10000
Nifty50 Support: 9800, 9735
FIIs Position
FIIs have increased long positions but again sold in the cash market. Therefore we can expect the market to stay range-bound unless any new development from India-China or global news comes.
