Watch | Markets@Moneycontrol: All eyes on the big earnings of the day

Just to recap yesterday’s session, Nifty had a bit of a roller coaster ride. But it managed to rise above its crucial 5-day EMA, which was at 10,172. But the market breadth was narrow which could be crucial.

Now experts say that volatility is expected to continue this week ahead of the F&O expiry, which is on Thursday. Also, a lot of stock-specific action is likely as companies announce their earnings.

SGX Nifty is indicating a subdued start.

On global markets front, US market saw declines dragged by technology and industrial stocks. The focus is on earnings and tax reforms.

Another piece of news coming out of US is that president Trump is very close to announcing his pick for Federal Reserve chief.

European markets posted modest gains. Investors are also watching out of developments in Catalonia crisis and also on the North Korean front.

A typical Long-Legged Doji pattern is formed when the opening price is equal or near its closing price but there was a lot of movement on both the sides. The Nifty50 opened trading at 10,176.65 and closed at 10,184.85 on Monday.

Key Pivot Support levels: 10131, 10078; Key Pivot Resistance levels: 10,231, 10277

The pattern is neutral in nature which suggests that both bulls, as well as bears, failed to regain control over D-Street. However, it does require confirmation.