We finally seemed to bottomed out for at 33500; however a rally from the current levels is still some painful consolidation away - we have strong resistance zones at every level - starting from 33720-33730, stretching all the way to 33900. Only aggressive traders can play the 33500/33600 - 33900 range for now.
Date |
21-Feb-18
| |
Index | Sensex | Nifty |
S2 | 33,097 | 10,174 |
S1 | 33,658 | 10,346 |
Previous Close | 33,703.59 | 10,360.40 |
R1 | 33,723 | 10,366 |
R2 | 33,727 | 10,368 |
Fair Value | 29,689 | 9,126 |
--
Disclaimer and Exclusion of Liability - http://www.raghavs-picks.com/ disclaimer.JPG