My advise last week, in this column to take a contrarian call and build aggressive longs has paid off.
Continue to hold on to your longs & add to your longs on meaningful dips.
The risk of crashing or facing one-day sell-offs is still very much there,
but keeping a tight SL at 33500/33300 depending on your risk appetite and going long should pay-off well.
| Date |
9-Apr-18
| |
| Index | Sensex | Nifty |
| S2 | 33,609 | 10,325 |
| S1 | 33,614 | 10,327 |
| Previous Close | 33,626.97 | 10,331.60 |
| R1 | 33,698 | 10,353 |
| R2 | 33,888 | 10,411 |
| Fair Value | 29,766 | 9,145 |
