The markets are trading flat ahead of February F&O expiry amid negative global cues as Donald Trump and Kim Jong Un cut short their summit schedule. In the last three series, the market has made a doji formation on the Nifty.

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According to Yogesh Radke, Head of Quantitative Research, Edelweiss Securities, the market may see volatility in the last half hour of trade.

"Besides expiry, there is also the MSCI re-balancing and activity from arbitragers on redemption of their Bharat-22 units could also aid volatility, he said in an exclusive interview to CNBC-TV18 .

However, today could be the last day of selling pressure for some of the Bharat-22 names and eventually that index should start moving upwards, Radke added.

"Bank Nifty will be driven by heavy weight stocks and so investors should focus on Nifty index as a whole. On the lower side 10,500 on the Nifty could be a sustainable level. 11,000-10,500 levels should continue for few more days but eventually 11,000 levels would break as we enter pre-election rally," Radke explained.

According to him, if Nifty breaks 11,000 on a sustainable basis then the index can reach 11,500 or higher.