Wednesday, December 23, 2015

The Sensex Outlook for the Day - 23-12-2015

Expect a bounce back today, given the global cues and the fact that the stop-loss of 25448 given yesterday was not triggered.
However, the resistances still remain at their previous positions.
Aggressive traders can continue to build longs at the current levels and on dips with a closing stop-loss below 25460.

Date
23-Dec-15
S2
25,460
S1
25,485
Sensex Previous Close
                                    25,590.65
R1
25,621
R2
25,778
Sensex Fair Value
27,019


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