Global markets are supportive . The big brother Dow had a closing above 10000 for the second day in row. This is a sign of strength. Energy sector did well on rising crude price. Therefore, keep an eye on Essar Oil, Petronet. Essar has support at 160 and resistances are at 180-185. Petronet has supports at 73 and resistance is at 80-82
Cumins India is another stock which seems attractive on charts. Its support is at 376 and resistances are at 438/ 454.
Do not try to short this market, its buy on dip market .
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