Belt hold on daily chart!!!

Hi All,

Markets are likely to open on a flat note tracking global markets, SGX Nifty is trading @ 10035 (-5 Points)

Markets yesterday on daily chart created a Belt Hold Pattern followed by Bearish Engulfing line and a break below 10000 – 9990 will open doors for 9950 – 9900 levels with resistance can be seen @ 10090 - 10150

Bias will change to Negative if Nifty sustain below 10000.

Areas to watch out
Supports @ 10000 - 9940 – 9900 – 9850 - 9790
Resistance @ 10090 - 10150.

Regards,Mayur Shah.