Difficult to see the markets sustain the rally too much above 29100/9000 for now. Keep a trailing stop-loss at 28749 (closing basis) and hold on to your longs as we move into what is possibly the last leg of the current rally. A time and or price correction is very much in the works.
Date
|
27-Feb-17
| ||
Index
|
Sensex
|
Nifty
| |
S2
|
28,749
|
8,895
| |
S1
|
28,860
|
8,929
| |
Previous Close
|
28,892.97
|
8,939.50
| |
R1
|
28,940
|
8,954
| |
R2
|
29,065
|
8,993
| |
Fair Value
|
26,817
|
8,297
| |
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