Monday, August 10, 2015

Sensex Outlook for the week starting - 10-08-2015


We saw the markets rally moderately in the week gone by.
However they are now poised to correct a little before moving up further to ~28460 odd levels in the days to come. Buy on dips in the region of 28200-28100.
The target of ~28460 will be nullified/delayed only with a close below 28086.

Date
10-Aug-15
S2
28,164
S1
28,194
Sensex Previous Close
                 28,236.39
R1
28,255
R2
28,336
Sensex Fair Value
25,567

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