Sensex- Technical Outlook and Trading Levels, 3 March

Today, 16700 is the crucial intraday level for Sensex.

If Sensex sustains below 16700, then it could test 16550 and below that level it could test 16350.
Instead, if Sensex trades above 16700, then it could test 17000.

Nifty - Technical Outlook and Intraday Trading Levels, 2 March

Today, 4885 is the crucial intraday level for Nifty.

If Nifty sustains below 4885, then it could test 4840 and below that level it could test 4760.

Instead, if Nifty trades above 4885, then it could test 4950 and above that level it coud test 5000.

Short term Technical View of Nifty

For the short term, the level 4950 is crucial. If it sustains below this level, then it is likely to test 4400. Instead, if it trades above 4950, then it is likely to test 5050.