Tuesday, July 7, 2015

The Sensex Outlook for the day - 07-07-2015



Greece has a factor to affect our markets is now history.
We could see some profit-booking, but that would be solely because there are profits to be booked.
The near term outlook will turn bearish with a close below 27860.One can buy on dips as long as the Sensex is trading above 28000.

Date
07-Jul-15
S2
28,073
S1
28,162
Sensex Previous Close
                 28,208.76
R1
28,235
R2
28,396
Sensex Fair Value
25,374





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