Wednesday, March 18, 2020

The Sensex Outlook for the Day 18-03-2020

The markets broke key supports yesterday, however, if we manage to close above 30850/9050, then all is not lost and we could see an attempt to rally towards ~32750/9600.

The long term trend continues to remain down - investors still have to wait, patiently before committing long term funds in this market.

Index Levels 
Date18-Mar-20
IndexSensexNifty
S2           30,353             8,901
S1           30,395             8,913
Previous Close      30,579.09        8,967.05
R1           30,849             9,046
R2           31,007             9,093
Fair Value           34,435           10,098
GenerateChart (2).png
GenerateChart.png
--
By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at http://www.raghavs-picks.com/disclaimer.JPG 

Subscribe via email

Enter your email address:

Delivered by FeedBurner