With the budget behind us and a mini-breakout of sorts, expect the Sensex to consolidate around 28000 before the next move (either ways) comes into play. Hold on to your longs with a trailing SL at 27676 and add to fresh longs on dips till 27964.
Date
|
02-Feb-17
| ||
Index
|
Sensex
|
Nifty
| |
S2
|
27,964
|
8,661
| |
S1
|
27,992
|
8,670
| |
Previous Close
|
28,141.64
|
8,716.40
| |
R1
|
28,160
|
8,722
| |
R2
|
28,348
|
8,780
| |
Fair Value
|
26,246
|
8,129
| |
