Benchmark stock indicators Sensex and Nifty closed advanced for a alternate straight session on Monday following buying in indicator majors Reliance diligence, ICICI Bank and recovery in global requests.

The 30- share BSE Sensex jumped 491 points to settle at whereas the broader NSE Nifty climbed0.7 to close at. In the broader request, the BSE midcap hand climbed0.2 and the smallcap indicator went advanced by0.09.

Having moved above the immediate resistance of,260 situations, the Nifty is anticipated to move towards the coming important resistance of,425 situations in the short term. Immediate support is now placed at,100 situations.

Any sustainable downside above,450 situations could bring sharp downside instigation in the request,” said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.

On the diurnal map, the Nifty indicator has formed a piercing line pattern which suggests a bullish reversal. The trend and instigation remain positive for the short term.

Over the short term, the indicator is likely to go towards,500/,700. On the lower end, support is visible at,100,” said Rupak De, Senior Technical Analyst at LKP Securities.