The region around 27165 is a very strong support / bounce back zone. Continue with your longs, add fresh longs on all dips till 27165. As long as the Sensex trades above 27093, the near term outlook continues to be bright & positive.
Date
|
18-Jan-17
| ||
Index
|
Sensex
|
Nifty
| |
S2
|
27,093
|
8,354
| |
S1
|
27,165
|
8,376
| |
Previous Close
|
27,235.66
|
8,398.00
| |
R1
|
27,265
|
8,407
| |
R2
|
27,392
|
8,446
| |
Fair Value
|
26,115
|
8,052
|