I continue to remain cautious on the markets.
The markets are poised at a point from where it will require equal efforts to make a dash towards 34500-35000 or fall back to ~33000 odd levels. Stick to stock-specific opportunities and hold on to the Nifty Put for now.
| Date |
17-Apr-18
| |
| Index | Sensex | Nifty |
| S2 | 34,200 | 10,497 |
| S1 | 34,268 | 10,518 |
| Previous Close | 34,305.43 | 10,528.35 |
| R1 | 34,323 | 10,535 |
| R2 | 34,483 | 10,584 |
| Fair Value | 29,882 | 9,172 |
