Friday, April 20, 2018

The Sensex Outlook for the Day - 20-04-2018

Given the weak global cues, its best to initiate small shorts or not trade at all.
Take some profits off the table for the weekend.
Repeating again, the near term outlook will turn favorable for the Bulls to return in a big way only at around ~33900 levels.

Date20-Apr-18
IndexSensexNifty
S234,33010,534
S134,39510,554
Previous Close                      34,427.29 10,565.30
R134,47910,580
R234,50210,587
Fair Value29,9149,179
 


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