Wednesday, May 13, 2015

The Sensex Outlook for the day - 13-05-2015


By now all of us are used to +- 2% movements on the Sensex & Nifty.Initiate aggressive longs ONLY if the Sensex manages to hold above 26837/26606.The risk reward ratio at the current levels favours the bulls.
Date 13-May-15
S2 26,606
S1 26,837
Sensex Previous Close                  26,877.48
R1 26,961
R2 27,073
Medium Term Fair Value (6-12 months) 28,427

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