Thursday, February 8, 2018

The Sensex Outlook for the Day 08-02-2018

  
Going by the cues from SGX Nifty (+71 as I write this), its a given the we will see a Gap-Up opening.
However any gap-up must sustain 34120 for any follow-up buying / strength later in the day. On the down side, 34000 is a very strong support zone for the markets - both on an intraday as well as closing basis. Keep your SL at 34000 for all existing & fresh long positions.



Date8-Feb-18
IndexSensexNifty
S233,46110,286
S134,00410,453
Previous Close                      34,082.71                10,476.70
R134,12010,488
R234,25210,529
Fair Value29,2648,995


 




Devansh @ Raghav's Picks
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