market update

Market out look  March Series  2018

Over all market trend is down and any rise or pull back rally to selling opportunity. From Febto Jan series Nifty down almost 687 points and Bank Nifty Nifty  2490 points which clear indicate short term trend is down and more pain in coming days.

On the rollover front   :

Nifty rollover 62 percent against 67 percent

Bank Nifty rollover 78 percent against 80 percent .

Over all long unwinding and short roll over seen in all front line stocks and almost major stocks down in Feb series from  15 to 25% from the peak.  Over all all data and chart indicate that more down side in March series and likely test 10000 mark.   However, volatility in market are continue and time to watch global market.