Market Data

Monday, March 14, 2022

The Sensex Outlook for 14-03-2022

Getting into a truncated trading week, the price of OIL will be the primary driver for stock prices.

 

Expect the markets to trade in the range of 55300-55900/16550-16730 before gradually moving higher towards 57000/17000.

 

Above 34250-34500, BANKNIFTY is priming up for ~36000 in the near term.

 

14 Mar 22

Index

Sensex

Nifty

S2

                  55,050

           16,481

S1

                  55,478

           16,609

Previous Close

             55,550.30

      16,630.45

R1

                  55,657

           16,662

R2

                  55,834

           16,715

Fair Value

                  48,876

           14,632

 

 

 

 

 

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