Thursday, February 19, 2015

The Sensex Outlook for the day - 19-02-2015


The current momentum in the markets could lead to 29647 in the near term.
However the Sensex will come back to consolidation in the 29000-29300 band once,before attempting 30000.
As of now, only a close below 29000 will be a sign of weakness in the markets.
Date 19-Feb-15
S2 29,286
S1 29,297
Sensex Previous Close                  29,320.26
R1 29,411
R2 29,500
Medium Term Fair Value (6-12 months) 30,029

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