Technical Analyst, Vijay Bhambwani: The markets opened on a weak note and ended with wide spread losses as the selling pressure kept up till the fag end of the session. The benchmark indices lost 3 % at close. …

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BSE Sensex: (8892) the market yet again unfolded as expected sideways and weak and has still not shown any signs of strength so far and I would suspect any move that goes up… The support for the Sensex is 8750-8630 and the resistance to the up move is at 9030-9157. …

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Last week, the markets ended with marginal gains despite a lot of negative global cues. The Sensex found support around January’s low of 8,632, before ending the week with a marginal gain of 48 points at 8,892.Among the index stocks, Tata Motors, Mahindra & Mahindra and Maruti soar…

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BSE Sensex: (8892) the market yet again unfolded as expected sideways and weak and has still not shown any signs of strength so far and I would suspect any move that goes up… The support for the Sensex is 8750-8630 and the resistance to the up move is at 9030-9157. …

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We said ‘Technically the market looks weak and we are into an F&O expiry week with just 3 days left for the expiry and once again the market could be volatile but the market looks sideways with no clear signs of any direction but the bias could be down’ …

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Technical Analyst, Ashwani Gujral: Market may have flat to negative opening today. Supports are at 2700-2730 and resistance is at 2830-2860. …

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Technical Analyst, Vijay Bhambwani: The markets opened on a nervous note and ended with gains as the anticipated pre-expiry bear squeeze pushed indices higher. The benchmark indices gained under 1 % at close. …

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BSE Sensex: (8955) the market has unfolded yet again volatile and directionless and has not displayed any signs of direction so far…the market has some supports near 8750 levels but by and large it is direction less… …

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BSE Sensex: (8843) we had our supports at 8631 and the market bounced from 8619 and has closed flat thus giving away its sideways structure as expected. We now into F&O expiry in just 2 days and so more sideways action and some short covering is not ruled out…downside seems limited…

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Negative global cues suggest a weak opening for our markets this morning.The Sensex is very likely to open below the monthly S1 (support 1) level of 8,725, hence the index may then very well test its quarterly support of 8,435 today or tomorrow. …

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