Wednesday, March 27, 2019

The Sensex Outlook for the Day 27-03-2019

The Pre-Election Rally is over. Whether the indices get into a free-fall or continue to consolidate with wild one-day moves is something that remains to be seen.
One will be better off with stock-specific opportunities than trying to trade the indices on the long or the short side.

Date 27-Mar-19
Index Sensex Nifty
S2          38,148         11,459
S1          38,191         11,472
Previous Close   38,233.41   11,483.25
R1          38,293         11,503
R2          38,431         11,544
Fair Value 28,514 8,565



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