"There is a possibility of a continuation of the current trend over the next few trading days, but we should wait and see how the market cl...

"There is a divergence and that would realign only if the midcap and small cap companies were to retrace or to correct."

The new base is 8300 or perhaps a little higher than 8300. The new ceiling that we are looking at is 8800, says Vineet Bhatnagar.

This is the time for you to start building with an expectation or with a holding period of at least 18 to 24 months. I will still be a port...

There could be broad-based buying in the Nifty stocks, notwithstanding the fact that many of them are looking expensive, Bhatnagar said.

The put protection that has been a characteristic even with the long bias for the FIIs is concentrated at 8100 and 8000 strikes for Nifty.

"I do not think December will close at a lower level than November. However, at the same time, I also think that the Nifty looks very tight...

'If you like a three-year view, then you must be looking at Infosys. Sikka seems to be making a good amount of news as well.'

'If 8640 or 8650 were to be taken out, only then we will have a better idea of how it will move.'

'It is quite possible that in addition to adding the futures positions aggressively, the outlook for the November series, is very positive.'

The companies which are participating are Voltas, ABB, Future Retail, V-Mart, Gujarat Pipavav Defence, Gruh Finance, ABB and many others.

The long bias in general seems to be higher and therefore traders are actually not discounting any precipitous fall or any sharp correction.

'I think there was some market news coming from the European region, which was perhaps making everybody nervous.'

'The high risk, high return ideas will definitely be in the midcap space and we are going to look out for names in the infra cyclical space...

"There is an underlying strength to the market sentiment, which is now turning from a weekly statement of euphoria to something which could...

"Technically, one was looking at a close below 7510, which actually happened yesterday. Therefore, there is a greater bias to the downside ...

It should be consolidation. I would still imagine that 6750 should be the resistance that the market should face.