Thursday, August 20, 2015

The Sensex Outlook for the Day - 20-08-2015

Use dips to initiate longs. Keep a trailing stop loss at 27736 for all longs initiated today. Below 27700, there is more of near term pain, however if 27736 is not broken, we can see 28100-28200 soon.
Date
20-Aug-15
S2
27,736
S1
27,891
Sensex Previous Close
                 27,931.64
R1
28,021
R2
28,053
Sensex Fair Value
25,785

 


  

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