Thursday, February 15, 2018

The Sensex Outlook for the Day 15-02-2018

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Despite the positive cues from SGX Nifty (+82.5 as I write this) the pain of having broken 34200 yesterday will not go away soon. Expect heavy duty resistance till 34200.Better to trade light and see how the Sensex behaves around/above 34200 and whether it is able to close above 34200 today or not. 

The ultimate support zone for the markets still remains at 34000.

Date
15-Feb-18
IndexSensexNifty
S233,99810,452
S134,02910,462
Previous Close                      34,155.95                10,500.90
R134,19210,512
R234,21910,520
Fair Value28,9328,895






Devansh @ Raghav's Picks

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