Sensex Technical View :
Sensex the upper channel resistance comes at 17900-18200 band. In the short term very strong support at 17300.
So till we dont go to either of the range difficult to take a short term trade on index. Continue to be stock specific. Gut feel suggests that midcaps may finally start zooming in April with fresh money allocations.
SAIL seems set for a move to 260 + . Recommended today at 248. Now stop revised to cost.
Ashok Leyland seems to be headed for a breakout.