Sunday, February 22, 2015

Sensex Outlook for the week starting 23-02-2015

Sensex Outlook for the week -
Inspite of Friday's fall, the outlook continues to be bullish in the near-term.
This bullish outlook will change only with a close below a 29000.
With the F&O expiry and trading on the Budget day, its going to be a long trading week this time.
Buy aggressively on dips, with a near term target of 30000 and a closing stop loss below 29000.

Date 23-Feb-15
S2 29,138
S1 29,178
Sensex Previous Close                  29,231.41
R1 29,291
R2 29,462
Medium Term Fair Value (6-12 months) 30,028
Disclaimer and Exclusion of Liability -

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