Market Data

Thursday, March 10, 2022

The Sensex Outlook for 10-03-2022

While we are clearly seeing a strong comeback / return of RISK ON, globally – we cannot rule out strong volatility in our markets.

 

Above 53860/16110, expect the markets to reach out for 55500/16600 – however a close above this level will be the key to activate 56900/17000 targets.

 

BANKNIFTY will outperform the NIFTY/Sensex and is looking to cross 34600, subject to 33200 is not broken.

 

10 Mar 22

Index

Sensex

Nifty

S2

                  54,303

           16,242

S1

                  54,585

           16,327

Previous Close

             54,647.33

      16,345.35

R1

                  54,894

           16,419

R2

                  55,115

           16,485

 

Chart, line chart    Description automatically generated

 

 

 

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