Sustaining above this level, next levels are seen at 8550-8630.Sectors like auto, banks, cement, financials look strong. Will Nifty get past 9100 this quarter, the answer to this question is simply, can't say. Looking at the ongoing strong up trend, we expect the Nifty to move towards this next hurdle. Nifty has since given a v-shaped recovery towards the recent highs, which is quite remarkable. 8240-8200 are now immediate support levels and resistance would be seen at 8420- 8510 for the forthcoming week.We have been advising against shorting this market.

Source: Economic Times July 03, 2016 22:41 UTC