Here is what analysts said on today's market action:Manish Hathiramani, Index Trader and Technical Analyst, Deen Dayal Investments"The key takeaway from today's trading day was that we did not breach the levels of 9640 on closing basis.
What was also important is that we went past 9850 which was a resistance level. Next week is going to be a trend decider week - either we would achieve an upside target of 10200-10250 or go back down to test today's lows of 9550-9600."Vinod Nair, Head of Research at Geojit Financial Services."A volatile day came to an end with the Nifty recovering around 400 points from the day’s low.