Sunday, December 27, 2015

The Sensex Outlook for the Week Starting 28-12-2015

The markets have entered the resistance zone. However, the Sensex has strong supports at 25600-25650 levels.
As long as the supports are not violated, the trend would remain that of consolidation with a positive bias. Those wanting to buy with a medium term perspective can continue nibbling at frontline stocks.

Date
28-Dec-15
S2
25,646
S1
25,763
Sensex Previous Close
                                    25,838.71
R1
25,862
R2
25,922
Sensex Fair Value
26,905


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