“The benchmark index is hovering near the sacrosanct support of the bullish gap at 19,201-19,235, which might act as a pitstop for the bears in the near term, before which 19,300 might provide some cushioning. While on the flip side, 19,500 is likely to be seen as an immediate hurdle (coincides with 20 DEMA), followed by the bearish gap around 19,680 in the comparable period.”

– Sameet Chavan, Head Research, Technical and Derivatives, Angel One

“Benchmark indices are likely to open higher, but may turn wobbly thereafter amid weakness in several Asian gauges following a marginal fall in the overnight US markets. There could be some bouts of profit-taking in local shares, but India’s consistent performance on several economic parameters should fuel recovery going ahead.”

– Prashanth Tapse, Senior VP (Research), Mehta Equities.