Nifty Breaks 10,200, Sensex Falls 100 Pts ; MAS Financial Zooms 44%

The market undertone remained bullish with the support of consistent FIIs buying and short covering. The derivative data indicates bullish scenario to continue.

The Nifty has multiple strong supports at lower levels. Various supports are placed at 10,050 and 10,100, 10,150, and 10,200 spot levels. We are likely to see short covering on every dip.

On the technical front, 10,150-10,190 spot levels are in a strong support zone and the current trend is likely to continue towards 10,300-10,350 in the expiry week.

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