Monday, February 26, 2018

The Sensex Outlook for the Week Starting 26-02-2018


The big daddy of resistances start at 34455 and lead up all the way to 34850.Failure to cross 34455 convincingly might lead us back to the recent lows of ~33550. Build staggered longs at the current levels for a target of 34500 with a SL at 33983.The outlook will turn bullish again only above 34455 and bearish again below 34000.



Date
26-Feb-18
IndexSensexNifty
S233,98310,442
S134,04110,460
Previous Close                      34,142.15                10,491.05
R134,16810,499
R234,31110,543
Fair Value29,6709,117
 

 
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