Market Data

Wednesday, March 9, 2022

The Sensex Outlook for 09-03-2022

There is no change in the near-term outlook since yesterday. Expect the markets to build on yesterday's gains.

 

Above 52786/15828, expect a smart bounce till atleast 53641-53900/16073-16156. BANKNIFTY needs sustain 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.              

 

9 Mar 22

Index

Sensex

Nifty

S2

                  52,839

           15,838

S1

                  53,056

           15,903

Previous Close

             53,424.09

      16,013.45

R1

                  53,484

           16,032

R2

                  53,688

           16,093

 

 

 

 

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