Wednesday, March 7, 2018

The Sensex Outlook for the Day - 07-03-2018



The bad news first - the bulls have nowhere to hide & the good news? There are not many bulls left to hide.
We have had rallies that overstretched and over-extended and now a correction which too has been over-done.
Having broken the recent lows, we are possibly in for more pain, before the pain relief. To short or not; we will see later in the day - but the key now is to continue to look at stock specific opportunities.  


Date7-Mar-18
IndexSensexNifty
S233,07810,176
S133,26310,233
Previous Close                      33,317.20                10,249.25
R133,62610,344
R233,70410,368
Fair Value29,7119,140




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