L&T, Sun Pharma, Axis Bank may take centre stage today

Bull market or bear market?

The bull market is likely to continue in the short term as the index continues to form higher tops and higher bottoms in the short term. The support on the lower side is pegged at 10800 whereas the target on the upside comes to 11080

Stocks likely to be in limelight today?

Larsen & Toubro, Sun Pharma, Bajaj Finance, Axis Bank, HDFC Bank, Siemens and TVS Motors are few stocks which are likely to trade with a positive bias

Sectors likely to impact market today?

Bank Nifty, capital goods, FMCG are likely to trade with a positive bias

Your mid-term view?

The 50-share index is likely to trade with a positive bias for the target of 11150 with support pegged at 10700 levels

What drove markets on Tuesday?

Banking/Financials, Infra, Capital Goods and Consumption

Jay Anand Thakkar, CMT- assistant VP- Equity Research, Anand Rathi