Expect the markets to consolidate above 29000 with a positive bias. The markets are not going to run up away further, but the uptrend should continue. Keep a trailing stop loss at 28979/8952.
Date
|
15-Mar-17
| ||
Index
|
Sensex
|
Nifty
| |
S2
|
29,007
|
8,953
| |
S1
|
29,208
|
9,015
| |
Previous Close
|
29,442.63
|
9,087.00
| |
R1
|
29,454
|
9,090
| |
R2
|
29,698
|
9,166
| |
Fair Value
|
26,701
|
8,241
|