With Yesterday’s rise the Sensex has attempted a mini-breakout of sorts.
If it manages to hold above 28000, we are in for higher levels sooner than expected.
Otherwise we could go back to some consolidation in the 27800-28000 band.
Aggressive traders can buy on dips with a trailing stop loss at 27526.
Sensex Previous Close
Medium Term Fair Value (6-12 months)
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