Sunday, November 22, 2015

Sensex Outlook for the week starting - 23-11-2015

There is no change,from Friday,in the near term outlook for the markets.The level of 25600 is a key support point for the Sensex. As long as the Sensex stays afloat of 25600, we can expect the markets to remain stable. Aggressive traders can look at longs with a 1 week horizon – keeping a stop loss below 25609.
Date 23-Nov-15
S2 25,609
S1 25,770
Sensex Previous Close                                     25,868.49
R1 25,899
R2 25,945
Sensex Fair Value 25,859

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