Tuesday, May 12, 2015

The Sensex Outlook for the day - 12-05-2015

The Sensex is trying to reestablish itself in the bullish plane.Use any dips upto 27231 to build longs for a short term target of 27800.The bullish outlook will turn neutral only if the Sensex closes below 27000.
Date 12-May-15
S2 27,231
S1 27,428
Sensex Previous Close                  27,507.30
R1 27,544
R2 27,762
Medium Term Fair Value (6-12 months) 28,303

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