Friday, May 15, 2015

The Sensex Outlook for the day - 15-05-2015

The Sensex is playing itself in the broad range of 26900-27800.Even though the near term outlook is bullish, it makes sense to wait till Monday before reinitiating fresh longs.
Date 15-May-15
S2 26,949
S1 27,150
Sensex Previous Close                  27,206.06
R1 27,294
R2 27,366
Medium Term Fair Value (6-12 months) 28,263

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