The markets are firm led by a rally in IT and banking stocks. The BSE Sensex is up over 1.5 per cent at 10,123 levels. The Nifty is up 1.4 per cent to 3116 levels. Though the odds of a bounce are high, the Nifty faces resistance at 3340 levels. "Investors should wait for a successful retest of the lows and then make an entry in the markets," said Jai Bala, technical analyst, Reliance Equities International.
