Sunday, March 29, 2015

Sensex Outlook for the week starting 30-03-2015

We have a truncated trading week, with Thursday and Friday being trading holiday’s. With the Financial Year-end, expect some low volume high swing movements in the key indices. Only those who can take a 3-week call on the markets can consider initiating staggered longs around the support levels given below.
I’m bullish on April, but it’s a difficult to take a call for this week.

Date
30-Mar-15
S2
27,122
S1
27,248
Sensex Previous Close
                 27,458.64
R1
27,467
R2
27,555
Medium Term Fair Value (6-12 months)
29,963



--
Raghvendra Narendra Dhoot
raghav@raghavs-picks.com


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