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Pre-open Outlook(09-03-2015)

As all the Asian markets are in Red after Dow's 278 points negative closing last Friday therefore sentiment is completely depressed today morning and resultant weaker opening will be seen in Indian markets. Lower levels good consolidation between 8850-8881 and 8893-8922 on 05-03-2015 and following supports are also lying at lower levels as well as impulsive Sub Wave-5 is still left for fresh up moves above 9119.20 therefore expected that finally decisive up moves will be seen after follow up consolidation in the coming 1/2 sessions:-

1- Supports between 8752-8773 
2- Supports between 8727-8758 
3- Supports between 8737-8787