Friday, March 16, 2018

The Sensex Outlook for the Day - 16-03-2018

  

Even though, its a Friday and the Sensex is poised precariously close to crucial supports - I will stick my neck out and advise to go long on any opening dips for we could see the Sensex making an attempt to touch 34200 (I'm not saying that we will close above 34200 or even 34000 anytime soon).
Traders can aggressively play the 33700-34100/34200 trading band with a closing SL at 33647 or 33600.


Date16-Mar-18
IndexSensexNifty
S233,22410,218
S133,64710,348
Previous Close                      33,685.54                10,360.15
R133,72110,371
R233,79310,393
Fair Value29,7349,145




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