Monday, March 5, 2018

The Sensex Outlook for the Week Starting 05-03-2018


I don't see the BJP's win in the NE States helping the bulls in a major way today.
The Sensex is poised at a critical support and frankly speaking, the Sensex will require less efforts to break the support and go for a free-fall, rather than attempt to break the resistances till 34200.
Its better to stick to stock specific opportunities, rather than long or short the Nifty.


Date
5-Mar-18
IndexSensexNifty
S233,58010,315
S134,03110,454
Previous Close                      34,046.94                10,458.35
R134,13610,486
R234,19210,503
Fair Value29,6539,109






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