Tuesday, June 30, 2015

The Sensex Outlook for the day - 30-06-2015



The markets do not rise or fall on expected lines – while everyone had resigned themselves to a Black Monday, the actual fall we saw, was commensurate with a correction after a 1400 point rally. The low of yesterday – 27209, should act as a support, should we see a return of the Greece storm. Aggressive traders can start looking at longs again.

Date
30-Jun-15
S2
27,507
S1
27,517
Sensex Previous Close
                 27,645.15
R1
27,695
R2
27,862
Medium Term Fair Value (6-12 months)
25,516


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