Wednesday, April 18, 2018

The Sensex Outlook for the Day - 18-04-2018

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
IndexSensexNifty
S234,32610,526
S134,36510,538
Previous Close                      34,395.06 10,548.70
R134,41510,553
R234,59810,610
Fair Value29,9869,195





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