Deven Choksey, KR Choksey Securities: The recovery in the market yesterday was mainly due to buying in frontline stocks & subsequent short covering. The Sensex can go up to 17,300 if this momentum continues. The market can gain further if crude prices begin to cool off. I like RIL, Rel Comm, L&T & SBI.

VK Sharma, Anagram Stock Broking: The huge buildup in 4800 Put is extraordinary. While IVs were high, such Put writing strengthens the market. Fresh positions were seen in fertiliser, oil and tea stocks. I would advise profitbooking at 5080 levels. MphasiS may move up.