Wednesday, February 26, 2020

The Sensex Outlook for the Day 26-02-2020

The near term targets for the markets are ~40000/~11700 from where we could see a small/short-lived bounce. 
Continue to remain short on the NIFTY, with a trailing stop-loss at 40536/11873.

Index Levels 
Date26-Feb-20
IndexSensexNifty
S2           39,821           11,663
S1           40,221           11,780
Previous Close      40,281.20      11,797.90
R1           40,309           11,806
R2           40,346           11,817
Fair Value           34,229           10,025
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