Friday, April 27, 2018

The Sensex Outlook for the Day - 27-04-2018


  
I was wrong about being bearish on the markets for the last few days.
Thankfully, we managed to cover our short positions on Wednesday with nominal to decent profits; only the Nifty Puts expired worthless yesterday. However there is still NO conviction to buy / go long at these levels - trade light for now or stick to stock specific opportunities.
Date
27-Apr-18
IndexSensexNifty
S234,65610,601
S134,69510,613
Previous Close                      34,713.60 10,617.80
R134,73110,624
R234,93210,686
Fair Value30,3589,287





 


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