Friday, March 10, 2017

The Sensex Outlook for the day - 10-03-2017


Expect the markets to touch 29100/9000 before getting into the Long Weekend mode. Book some profits for the weekend – next week will have an altogether new set of factors dominating the markets.
The near term outlook will turn bearish only with a close below 28815 (yesterday’s low).

Date
10-Mar-17
Index
Sensex

Nifty
S2
28,863

8,907
S1
28,910

8,921
Previous Close
                                    28,929.13

              8,927.00
R1
29,036

8,960
R2
29,073

8,971
Fair Value
26,939

8,313



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