Markets beginning 1st March till 22nd March 2019 were the best so far in 2019 giving the growth of 700 Nifty points, which leads us to questions regarding the corrections or further upside (SURPRISE ELEMENT). Technically the markets upside started from 11200 from where we can define as bullish zone. There is a range from 11250 to 11680 where the markets will keep moving, but the second upside of the market is only above 11680 which is certainly not till the March Expiry. The Markets are like to be in the range of 11450 to 11350 to 11250, but most probably likely to bounce back if reacted to 11350 and 11250 does not seem a possibility.

Nifty IT is well corrected and on the rise with all the three heavy weights in its index ready for good upside. TCS beginning at 2000 heading towards Rs. 2300 pending 10 to 15% growth. Infy confirmed heading towards Rs.800. (BUYBACK BY PROMOTORS). MINDTREE, at 942 which is at its lowest level technically which is at its 200 days moving average from where it must go up.

NIFTY FMCG is another well corrected and ready for the rise with some of them., like Jubliant Food, Hindunivlever and Colgate and Godjreg Cons, Tata Global.

The next week being the week of Expiry will be worth watching the Nifty Expiry and the different sectors reacting accordingly, But it is going to be full of surprises with new tops and few corrections.