Maybe there is some more steam left in the rally, but the technicals have raced far ahead of the fundamentals and too soon as well. The conviction for fresh longs is dying out. Book profits and sit on cash for now.
Date
|
12-Jul-16
|
S2
|
27,358
|
S1
|
27,180
|
Sensex Previous Close
|
27,626.69
|
R1
|
27,544
|
R2
|
27,647
|
Sensex Fair Value
|
27,935
|
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