Sensex Outlook for the week -
Inspite of a truncated trading week (Tuesday is a trading holiday on a/c of MahaShivRatri), expect the markets to continue with the upward swing.
The next ST target for the Sensex is 29429.Keep a trailing stop-loss at 28950 and continue to build/hold long positions in the market.
A close below 28950 will delay the ST target of 29429 and a close below 28871 will negate the positive outlook.
|Sensex Previous Close||29,094.93|
|Medium Term Fair Value (6-12 months)||30,346|