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Auto stocks likely to be in limelight today

Since 10600 is respected a couple of times as support I would consider a good rally also many sectors are now participating to support my view

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1. Bull market or bear market?

The broader Nifty above 10600 is a bullish bias and more so would surge higher above 10850.

2. Stocks likely to be in limelight today?

Auto stocks may be in limelight.

3. Sectors likely to impact market today?

Among sectors, pharma and auto looks interesting 

4. Your mid-term view?

Since 10600 is respected a couple of times as support I would consider a good rally also many sectors are now participating to support my view.    

5. What drove markets on Thursday?

Many stocks witnessed a short covering while Banking & IT along with FMCG witnessed fresh buying.

Vaishali Parekh, technical research analyst, Prabhudas Lilladher

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