Sunday, July 12, 2015

Sensex Outlook for the week starting 12-07-2015


Greece haunts us only on Monday’s, it seems. Rest of the days, we have our own / other issues to content with.
As of now, we’re in a consolidation band between 27570 and 27860. Things will turn bearish in the near to short term with a close below 27570 and don’t expect any meaningful up move as long as the Sensex is trading below 27860.
Trading opportunities will abound.

Date
13-Jul-15
S2
27,569
S1
27,641
Sensex Previous Close
                 27,661.40
R1
27,729
R2
27,853
Sensex Fair Value
25,352
                                                                                    
                                                                                                            

 

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