Imtiyaz Qureshi, co-founder & director at Imtiyaz Qureshi Financial Services, says markets have been rallying since quite some time now and the Nifty is close to its resistance zone of 9,640-9,650. Fresh long positions should not be created and if anyone wants to go long then that should be done only if the Nifty crosses its resistance zone, adds Mr Qureshi.
