
VISIT: https://www.aapcs.in AAKASHAYA PATRA WEEKLY MARKET OVERVIEW: 31th march 2019 It was expected that the market may remain Sideways or Retrace slightly in the near term but that was not to be. This Market refuses to Correct and it did exactly the same as it bounced back from above the Support zone (Nifty 11227-11180) in the early part of the week. The bounce-back was so sharp that the massive Upward Rally resumed and currently we are within striking distance of Life-High Levels (Sensex - 38939 & Nifty -11760). As a note of precaution, one needs to keep in mind that the Oscillators are in overbought territory for more than two weeks and hence a minor Correction cannot be ruled out. Even if Market corrects, there is a good possibility that the Mid-caps and Small-caps may join the party and that will be good news for market participants. TECHNICALLY SPEAKING :- Sensex opened the week at 38016, made a high of 38748, low of 37667 and closed the week at 3867...