Wednesday, April 4, 2018

The Sensex Outlook for the Day - 04-04-2018


  

The near term outlook is cautiously bullish - the important thing is to see if the Sensex manages to cross and sustain 33535+. A failure to cross this level convincingly will put the markets back into the 32800/32900-33100/33300 trading range.
Hold on to your longs, add small-staggered longs for a near term target of 33500 while keeping a trailing SL at 33286.

Date
4-Apr-18
IndexSensexNifty
S233,30910,227
S133,33210,234
Previous Close                      33,370.63 10,245.00
R133,40310,256
R233,53510,296
Fair Value29,7949,148




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