1. Bull market or bear market today?

Likely to be a bullish market as an Inverted Hammer is seen on the daily chart which is a reversal pattern. The buying zone is seen around 11200 based on the previous swing.

2. Stocks likely to be in limelight today?

Bajaj Auto, JSW Steel, Maruti, and Vedanta

3. Sectors likely to impact market today?

Pharma, energy, and auto

4. Your mid-term view?

The area around 11200 has very strong support while markets look oversold in the short term. A short term relief rally/bounce can be seen so one should be cautious at present levels. Buying should be done around 11200 levels for an up move to 11360 -11390.

Mustafa Nadeem, CEO, Epic Research