Tuesday, August 18, 2015

The Sensex Outlook for the Day - 18-08-2015

Yesterday was an aberration, the market should rebound today.
Initiate aggressive longs with a stop-loss below 27626.Should the Sensex break this level, then we are in for more pain perpetuated by yesterday’s freak sell-off.

Date
18-Aug-15
S2
27,626
S1
27,739
Sensex Previous Close
                 27,878.27
R1
27,904
R2
27,996
Sensex Fair Value
25,828

 


  

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