Sunday, April 1, 2018

The Sensex Outlook for the Week Starting 02-04-2018

  

The markets are in a tight range of 32900-33100. Any movement outside this range will take the markets deeper in that direction.
As of now, I would take a contrarian call and build aggressive longs with a view that 33100 will be broken out of.
If you're a conservative trader, its better to trade light or not trade at all.
Others, like Yours Truly, keep a trailing SL at 32892 and go long with a vengeance!


Date
2-Apr-18
IndexSensexNifty
S232,90510,094
S132,94010,104
Previous Close                      32,968.68 10,113.70
R132,99710,122
R233,03710,134
Fair Value29,9279,180







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