Wednesday, August 26, 2015

The Sensex Outlook for the Day - 26-08-2015


There is no change in the near term outlook for our markets. The downtrend now needs to complete itself, before we stabilize.
Global cues have brought us to this level and now the global cues won’t matter on the upside – till the downtrend completes itself.
Date
26-Aug-15
S2
25,819
S1
26,018
Sensex Previous Close
                 26,032.38
R1
26,125
R2
26,766
Sensex Fair Value
25,505



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