Thursday, March 26, 2020

The Sensex Outlook for the Day 26-03-2020

The markets will continue to rally on further, in spurts and jerks.
Remain long/add fresh longs with a trailing SL at ~27915/8137. The next resistance for the markets is at ~29371/8561.

The long term trend continues to remain down - investors still have to wait, patiently before committing long term funds in this market.
Index Levels 
Date26-Mar-20
IndexSensexNifty
S2           27,915             8,137
S1           28,051             8,177
Previous Close      28,535.78        8,317.85
R1           28,790             8,392
R2           29,371             8,561
Fair Value           34,411           10,030
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