The Sensex managed to hold 27465 (which was given as a crucial support for the Sensex in this column last week) and staged a smart bounce back from 27488. The rally from 27488 is just starting and has ample steam left. Continue to build longs at current levels and on dips till 27904. The immediate target for the Sensex is 28325 and only a close below 27900 will reset the current bullish setup to neutral.
Sensex Previous Close
Sensex Fair Value
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