Sunday, February 4, 2018

The Sensex Outlook for the Week Starting 05-02-2018

  
While the signs of the impending correction came in when the Sensex broke 35932 and 35823 (SL levels given in this column last week), the savage bloodbath we saw was nothing short of unexpected in a single day atleast.

Going forward a further fall to 34212 (10500 on the Nifty) levels, is a distinct possibility - from where we could see the markets bottoming out. For now, just lie low.








Date5-Feb-18
IndexSensexNifty
S234,80910,682
S135,00610,742
Previous Close 35,066.75 10,760.60
R135,26810,822
R235,34710,847
Fair Value29,3839,016


Devansh @ Raghav's Picks
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