BOR: Market Outlook: Indian Markets are expected to open in negative terrain with no clear direction.

Market Outlook: Indian Markets are expected to open in negative terrain with no clear direction. Yesterday interim budget disappointed the markets sentiments. While the Nifty remains above the crucial 2820 level. A re-test of 2650 level is on the cards looking at momentum trend.On the global front: US markets were closed on Monday for President's Day holiday & while Asia trading weak; Hang Seng down 3.2%.

Nifty Outlook: Pivot level: 2880

S1: 2807, S2: 2766, S3: 2693

R1: 2921, R2: 2994, R3: 3035