Wednesday, July 8, 2015

The Sensex Outlook for the day - 08-07-2015



After Greece, it seems China will keep us on tenterhooks.As such there is no change in the near term outlook for our markets.
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
08-Jul-15
S2
27,919
S1
28,084
Sensex Previous Close
                 28,171.69
R1
28,197
R2
28,235
Sensex Fair Value
25,341





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