"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.

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...

'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.

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

"There are some pockets of strength visible among the private banks. So I am not too worried about Nifty being really taken down, because o...

'It is more a situation of a crisis relating to the confidence in the markets as against anything concrete,' says Vineet Bhatnagar, MD, Phi...

"Global equities seem to be looking alright on the back of the data that came out from the US last night," says Vineet Bhatnagar, MD, Phill...

The grapevine continues to be that the FIIs want to be biased towards the long side of the market, says Bhatnagar.

"November being a longish series,its possible that there may be some bottoming that may come about at 5630 or 5580," says Vineet Bhatnagar.

Foreign and local investors are looking at some direction as far as local policy making is concerned,s aid Vineet Bhatnagar of MF Global.

Vineet Bhatnagar of MF Global says that the Nifty may test the 200-day moving average, which is right now sitting at 5,145 levels.

Currency play and Eurozone related developments in the next 4-5 weeks are important in order to take a trading position ahead of the budget.