Expect the Sensex to trade in a wide band of 27473 – 27868. Allow the budget excitement settle down, before taking fresh positions. Any close outside the trading band as above will change the outlook in that direction.
Date
|
01-Feb-17
| ||
Index
|
Sensex
|
Nifty
| |
S2
|
27,536
|
8,524
| |
S1
|
27,625
|
8,552
| |
Previous Close
|
27,655.96
|
8,561.30
| |
R1
|
27,716
|
8,580
| |
R2
|
27,732
|
8,585
| |
Fair Value
|
26,188
|
8,107
|