Below 33600, the near term outlook remains weak/subdued. Now the question is whether the Sensex will break 33000 before stabilizing or not? Its best to trade light for now and see the new range for the week shape up. Personally I have been sticking my neck out and advising a buy on dip on more than half of the trading days last week - that will still continue.
| Date |
19-Mar-18
| |
| Index | Sensex | Nifty |
| S2 | 32,970 | 10,132 |
| S1 | 33,148 | 10,187 |
| Previous Close | 33,176.00 | 10,195.15 |
| R1 | 33,329 | 10,242 |
| R2 | 33,346 | 10,247 |
| Fair Value | 29,757 | 9,144 |
Devansh @ Raghav's Picks
