Market Data

Tuesday, March 8, 2022

The Sensex Outlook for 08-03-2022


 

As domestic factors occupy the news – expect the geo-political tremors to take a back seat.

 

Above 52786/15828, expect a smart bounce till atleast 53641/16073. BANKNIFTY needs to cross 32960, to enable the target of 34000.

 

For now, conservative traders should play the above range while aggressive traders can look at stock-specific opportunities.              

 

8 Mar 22

Index

Sensex

Nifty

S2

                  52,785

           15,828

S1

                  52,805

           15,840

Previous Close

             52,842.75

      15,863.15

R1

                  53,204

           15,945

R2

                  53,242

           15,968

 

Chart, line chart    Description automatically generated

 

 

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