Wednesday, December 16, 2015

The Sensex Outlook for the Day - 16-12-2015

Expect the Sensex  to build on past gains and move ahead.
The upside from current levels will meet some resistance going forward.
Aggressive traders can build longs at the current levels and on dips with a closing stop-loss below 25000.

Date
16-Dec-15
S2
25,246
S1
25,284
Sensex Previous Close
                                    25,320.44
R1
25,343
R2
25,474
Sensex Fair Value
26,220


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