Friday, August 14, 2015

The Sensex Outlook for the Day - 14-08-2015

Yesterday’s half-baked and unconvincing rally is not the resumption of the uptrend that I had mentioned. If not anything else, the charts continue to look weak. As it is given that it’s a Friday, best to trade light and see things afresh on Monday.

Date
14-Aug-15
S2
27,363
S1
27,496
Sensex Previous Close
                 27,549.53
R1
27,601
R2
27,612
Sensex Fair Value
25,721

 

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