The uptrend in the stock has been supported by a trailing price indicator which is now at around Rs 880.

Too much action in public sector bank stocks is unlikely in next week.

"ICICI Bank Ltd is a 'SELL' call with a target of Rs 224 and a stop loss of Rs 240."

"Cairn India is a 'BUY' call with a target of Rs 134 and a stop loss of Rs 121."

"Tata Motors Ltd is a 'SELL' call with a target of Rs 318 and a stop loss of Rs 335."

"Oil India Ltd is a 'BUY' call with a target of Rs 440 and a stop loss of Rs 390."

"SRF Ltd is a 'BUY' call with a target of Rs 1,310 and a stop loss of Rs 1,265."

"Adani Ports Ltd is a 'BUY' call with a target of Rs 269 and a stop loss of Rs 257."

"You are seeing the market breadth widen and it does seem like we are well on course so finish on the higher end."

Buy Tata Global with a stop loss of Rs. 167.

The market is headed higher until it chooses otherwise. It has not chosen to do so yet. So we should remain bullishly biased yet.

In a market like this, what one has to do is just stick to the sidelines unless you are a real adventurous cowboy

Long being long puts would be more sensible rather than going for short calls.

Orchid is already down 5% but that does not matter much because this is a stock which would not move fairly large

Look for a target around 625-630 across the next couple of days

If the support zone of 130-135 actually survives, it would then again qualify for a buy.

The market has actually got into a bit of volatility range and I probably expect it to persist through the week.