The Indian stock market was weak as expected and has closed right on our support; so far the market looks down, as there is no sign of strength-displayed on the charts. 

BSE Sensex: (9329)The support for the Sensex is 8564 and the resistance to the up move is at 9690. 

NSE Nifty: (2857) the support for the Nifty is at 2654 and the resistance to the up move is at 2960.

Cairn India, Union Bank, SBI, Petronet LNG, Noida Toll bridge can be a good buy for short term and Long term.

Try to make buying position only in banking stocks at this point as these stocks are assumed to recover fast.

Factors to be watch out : Second stimulus package, Global market.