Saturday, May 2, 2015

Sensex Outlook for the week starting 04-05-2015

Expect the Sensex to correct a little more, before we can hope for some stability in the near term.Aggressive traders can start building longs between 26800-27100 for a near term target of 27300.

Date 04-May-15
S2 26,792
S1 26,898
Sensex Previous Close                  27,011.31
R1 27,049
R2 27,227
Medium Term Fair Value (6-12 months) 30,047

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