The level of 27465 is a crucial support for the Sensex. A close below 27465, could see the Sensex fall below 27000 also. However, while we might see a touch and go at 27465, I don’t expect the Sensex to breach this level anytime soon. As long as this level is not breached, a resumption of the uptrend cannot be ruled out. Continue to accumulate longs at current levels and on dips upto 27465 for a near term target of 28000.
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Raghav @ Raghav’s Picks
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