NIFTY OUTLOOK & FREE OPTION TIPS FOR 22 MARCH 2019

LET’S WELCOME THE VIBRANT FESTIVAL OF COLORS WITH JOY & JUBILATION!!!

HAPPY HOLI!!!!!

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TOMORROW MARKET WILL BE CLOSED ON OCCASION OF HOLI..!!!
Bulls were in relaxing mood. After past weeks breaking runs bulls were taking breathe this week. Nifty & sensex ended a little changed on a volatile day. After opening higher market sentiments turned flat. At the close, the Sensex was up 23 points at 38386, while Nifty was down by  11 points at 11521.

It seems that markets are enjoying their merry days and are in no hurry to provide a much awaited correction. For the coming session, immediate resistance would be seen at 11575-11610 and a sustainable move beyond this would extend this rally towards 11650. On the flipside, 11480-11425 are likely to act as strong support levels unless this zone is violated decisively, the bulls need not worry.

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Resistance: 11575, 11610, 11650

Support: 11480, 11450, 11400