Market Outlook for 7-Mar

The trend deciding level for the day is 17,331 / 5,270 levels. If NIFTY trades above this level during the first half-an-hour of trade then we may witness a further rally up to 17,534 – 17,895 / 5,334 – 5,446 levels. However, if NIFTY trades below 17,331 / 5,270 levels for the first half-an-hour of trade then it may correct up to 16,970 – 16,767 / 5,159 – 5,095 levels.