Sensex Outlook for the week -
We bounced back from the lows of last week and now it looks like we are nearing the top of the current move.
The Sensex needs to stabilize itself above 27000,before looking at any levels on the upside.
The extreme near term outlook will change to negative only with a close below 27000.Use all dips upto 27000 to initiate fresh longs with a 2 week view.
Sensex Previous Close
Medium Term Fair Value (6-12 months)
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