Tuesday, August 4, 2015

The Sensex Outlook for the Day - 04-08-2015



Whatever the credit policy brings, do expect some profit-booking given the rally we have had over the last few trading sessions.
Allow the dust of the credit policy to settle, before taking a fresh short term call on the markets. The short term outlook will turn negative with a close below 28000.

Date
04-Aug-15
S2
28,093
S1
28,174
Sensex Previous Close
                 28,187.06
R1
28,263
R2
28,357
Sensex Fair Value
25,623







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