Thursday, May 7, 2015

The Sensex Outlook for the day - 07-05-2015



Initiate aggressive longs only if the Sensex falls further to 26400-26600 levels, otherwise wait for it to stabilise around 27000 before taking a fresh call on the markets.The 26600-27000 is a STAY AWAY zone for traders as well as long-term investors.
Date 07-May-15
S2 26,399
S1 26,678
Sensex Previous Close                  26,717.37
R1 26,965
R2 27,058
Medium Term Fair Value (6-12 months) 28,084
 
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