Indian markets are expected to open positive on Monday and we could see fresh buying in many blue-chip stocks. Indian markets are currently showing bullish trend and if FIIs don't continue with selling, we could see a fresh upside move in Indian markets. NSE Nifty closed 113 points higher on Friday and there was sustained buying at lower levels.

The US stocks have been trading firm with Dow Jones touching another high during the last week. With support from global markets, Indian markets could show strength before Diwali. Indian markets have typically witnessed buying from retail investors during festive season. Asian markets were mixed during the last week but Chinese stocks have been witnessing a positive breakout.

Ganesh Dongre, Senior Manager Technical Research at research firm Anand Rathi has suggested BUY Call for real estate major DLF. Dongre has suggested BUY at 865-875 for target price of Rs 915 with Stop Loss at Rs 840. The stock is looking strong on technical charts.

Some of the stocks that would be in focus on Monday are HDFC Bank, Tech Mahindra and Kotak Mahindra Bank. Tech Mahindra has reported strong growth in earnings and we can expect impressive gains in the stock on Monday.

During the current week, UltraTech Cement, Hindustan Unilever, Bajaj Finance, SBI Life, ITC, Coal India and ICICI Bank are among big companies that will announce their quarterly earnings.