Tuesday, April 17, 2018

The Sensex Outlook for the Day - 17-04-2018


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
IndexSensexNifty
S234,20010,497
S134,26810,518
Previous Close                      34,305.43 10,528.35
R134,32310,535
R234,48310,584
Fair Value29,8829,172





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