Its possible to see 27900 very soon. Remain long with a cautious undertone - we don’t want to get caught on the wrong foot, if the market changes its mood anytime soon.
The near term trend will become negative once again below 27500.
Date
|
27-Jan-17
| ||
Index
|
Sensex
|
Nifty
| |
S2
|
27,440
|
8,519
| |
S1
|
27,628
|
8,578
| |
Previous Close
|
27,708.14
|
8,602.75
| |
R1
|
27,737
|
8,612
| |
R2
|
27,900
|
8,662
| |
Fair Value
|
26,200
|
8,135
| |
