Tuesday, December 15, 2015

The Sensex Outlook for the Day - 15-12-2015

The Sensex is consolidating above 24900 - Expect the consolidation phase to continue for some time.
With global actions, especially on the US Fed front, more or less discounted, the downside from the current levels is limited.
Aggressive traders can build longs at the current levels with a closing stop-loss below 24900.

Date
15-Dec-15
S2
24,944
S1
25,071
Sensex Previous Close
                                    25,150.35
R1
25,194
R2
25,267
Sensex Fair Value
26,243


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