Friday, April 7, 2017

The Sensex Outlook for the day - 07-04-2017



The global cues indicate that the bulls are already off for a long weekend. Trade light and keep a SL at 29780 for all existing all longs. A close below 29780 will indicate that the undertone is changing from positive to neutral/ negative.

Date
07-Apr-17
Index
Sensex

Nifty
S2
29,818

9,228
S1
29,900

9,253
Previous Close
                                    29,927.34

              9,261.95
R1
29,954

9,270
R2
30,025

9,292
Fair Value
26,709

8,266


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