The green shoots of recovery seem to be doing good. Initiate small longs. Going forward, till the time a few key resistances are taken out, a respect for previous day low is the key for the rally to sustain. Conservative traders keep a trailing SL at 33071 (yesterday's low) and aggressive traders at 32913 for all existing and fresh longs.
Date
|
22-Mar-18
| |
| Index | Sensex | Nifty |
| S2 | 33,019 | 10,119 |
| S1 | 33,090 | 10,141 |
| Previous Close | 33,136.18 | 10,155.25 |
| R1 | 33,184 | 10,170 |
| R2 | 33,244 | 10,188 |
| Fair Value | 29,892 | 9,161 |
--
