Tuesday, June 16, 2015

The Sensex Outlook for the day - 16-06-2015



There is a lot of resistance at the current levels, all the way upto 26700.
Aggressive traders will get ample opportunities to short the NIFTY and go long on stock-specific bets, others can stay away for now.

Date
16-Jun-15
S2
26,321
S1
26,541
Sensex Previous Close
                 26,586.55
R1
26,657
R2
26,739
Medium Term Fair Value (6-12 months)
28,394



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