Bull market or bear market?

The index can move higher but on the intraday basis it can have stiff resistance in the zone of 10650 to 10670 level.

Stocks likely to be in limelight today?

DLF, Wipro and Ashok Leyland seems to be in positive movement.

Sectors likely to impact market today?

Auto, IT and FMCG likely to gain traction.

Your mid-term view?

After the steep fall, the index is recouping its gain but it seems to be in relief rally mode. From the mid-term perspective, there can be an extension of relief rally but on the higher side, 10750-10830 seems to be strong resistance patch.

What drove markets on Monday?

The index had scored high on the back of strong global cues and crude price slump to the lowest level of the year 2018. Flag bearer were FMCG, Banking and IT stocks.

Kapil Shah, technical analyst, Emkay Global Financial Services