The Sensex has risen 1376 points in 9 days and shows no signs of slowing down.
The best winning streak, however, in the recent times has been 1391 points rise in 6 days in January.
I continue to remain cautious on the markets & will look at meaningful dips till 33937 to reinitiate fresh longs.
Till then,stick to stock-specific opportunities and hold on to the Nifty Put for now.
| Date |
18-Apr-18
| |
| Index | Sensex | Nifty |
| S2 | 34,326 | 10,526 |
| S1 | 34,365 | 10,538 |
| Previous Close | 34,395.06 | 10,548.70 |
| R1 | 34,415 | 10,553 |
| R2 | 34,598 | 10,610 |
| Fair Value | 29,986 | 9,195 |
